Rising Rents Are Pushing More Tenants Past the Breaking Point

SOURCE: BLOOMBERG

  • Almost 20 percent of those surveyed struggle to pay the rent
  • Cities rocked by foreclosure crisis still see higher evictions

Rents have increased rapidly across U.S. housing markets as the share of renting households has risen faster than the number of new units. Now, in a survey published Thursday by an apartment-listing service, nearly one in five respondents reports struggling to make the monthly payments.

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