As rent prices continue to skyrocket, there appears to be no relief in sight.
According to the most recent data released on Thursday, consumer housing costs are far outpacing price growth elsewhere in the economy, and landlords don’t seem to want to let up any time soon.
The good news for renters, however, is that we are also starting to see some signs that wage growth is beginning to pick up, which should help offset the rising cost of housing.
Image via flickr/Charleston’s TheDigitel
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