Rent hikes are on the rise, up nearly 4 percent from last year, especially in cities like Houston, Miami, and Boston. Analysts say home foreclosures are causing more people to rent, driving up demand.
Cost of rent is rising faster than inflation
Rent hikes are on the rise, up nearly 4 percent from last year, especially in cities like Houston, Miami, and Boston. Analysts say home foreclosures are causing more people to rent, driving up demand.