Inflation has been a persistent nightmare, and rising rents nationwide are partly to blame. Unfortunately for renters, things are unlikely to get better this year.
“No quick relief in rent increases,” Alan Detmeister, a senior economist at UBS, told Yahoo Finance. “Probably not getting too much worse after the early next year [or] probably peaking early next year but then a long slow, downward pace on rent increases and still staying high through at least the end of 2024.”
The rental inflation…
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