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Rent Increases Expected to Continue through 2015

December 8, 2014 10:21 am

Rent Increases Expected to Continue through 2015 | Keeping Current Matters CNBC’s Diana Olick recently reported that rents in the residential housing sector continued to rise in 2014. She interviewed Jed Kolko, Chief Economist at Trulia, who revealed:
"Rents are rising because of strong demand that supply hasn't kept up with. Nearly all the new households are renters, and young people moving out of their parents' homes will keep fueling rental demand."