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U.S. rent rising at fastest rate in decades

May 14, 2022
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Rent in the U.S. is rising at the fastest rate in decades. According to the Washington Post, the average cost of rent increased 11.3% in 2021. Washington Post U.S. economy reporter Ahba Bhattarai joins CBS News to discuss what is causing the increase and who is most impacted by it.

#News #Rent #HousingShortage

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.

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Tags: housing costshousing crisisinflationMoneyWatchrentrental marketThe Washington Post
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