Rents Are Soaring Faster Than Home Values for the First Time Since 2012

Skyrocketing living costs make it harder for people to save enough for a down payment

Downtown San Francisco is seen from Twin Peaks in San Francisco, California, U.S.

Photographer: David Paul Morris

Add one more marker in the timeline of soaring rental costs: They just increased faster than home values for the first time since 2012.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.