Vacancy rates have been declining at apartment buildings across the U.S., sending rents soaring. And because housing makes up a big part of core inflation, those higher rents could translate into a doubling of the inflation rate this year.
Continue reading Rising Rents Could Be the Spark That Reignites Inflation
Rising Rents Could Be the Spark That Reignites Inflation originally appeared on DailyFinance on Mon, 07 Feb 2011 12:00:00.
Filed Under: Economy, Real Estate
