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Rent….17% surge in major cities from a year ago.

By: CTJ in 6TH POPE | Recommend this post (0)
Fri, 15 Apr 22 1:20 AM | 30 view(s)
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Video here.

http://youtu.be/79KzZ0YqLvo

Some Americans may be reminded of the words of one-time New York gubernatorial candidate Jimmy McMillan — the rent is still "too damn high" — with the latest rental data showing a 17% surge in major U.S. cities from a year ago. Renters paid a median monthly rent of $1,807 in March, according to Realtor.com.

That double-digit spike even outpaced an 8.5% increase in consumer prices during the same period, with inflation hitting a 40-year high in large part due to higher costs at the gas pump.


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