Landlords from Florida to CA are jacking up rents at record speeds – Rent prices are three times higher than normal nationwide, – up 7.5% for this year
Landlords from Tampa, Fla., to Memphis, Tenn., and Riverside, Calif., are jacking up rents at record speeds. For each listing, multiple people apply. Some renters are forced to check into hotels while they hunt after losing out too many times.
The dramatic conditions for U.S. homebuyers during the past year are now spilling into the market for rentals.
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