Residential rents in the U.S. increased in 2019 as did the number of tenants, pushing America’s total rent bill to $512 billion, according to a new research report from Zillow. That’s about 10% above the decade’s average. With most U.S. renters making their final payments of the decade at the start of this month, Zillow used census data and its own to look back at rent payments for the period. “A bump in the overall
source https://therealdeal.com/2019/12/13/why-new-yorkers-californians-and-others-pay-so-much-rent/
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