Landlords Raising Rents as Demand Outpaces SupplyBy
The good times are over for renters. At the beginning of the housing bubble the rental market stumbled as landlords were forced to cut their rates to hold onto existing renters or attract new ones. Many landlords even threw in all kinds of concessions and discounts to fill their units. Now rents are on the rise again. Not because the economy is improving—but because it remains stagnant.
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