Landlords across U.S. jacking up rents at record pace

Landlords across U.S. jacking up rents at record pace

By Prashant Gopal | Bloomberg
Soaring prices. Competition. Desperation. The dramatic conditions for U.S. homebuyers during the past year are now spilling into the market for rentals.
Landlords from Tampa, Florida, to Memphis, Tennessee, and Riverside, California, are jacking up rents at record speeds. For each listing, multiple people apply. Some renters are forced to check into hotels while they…

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