The Human Cost: ‘We’ve become a renting nation’: Landlords benefit from high house prices, but millions of renters find themselves trapped

by | Mar 28, 2023 | Stock Market

When Nashville, Tenn., native Stephen Parker recently listed a mobile home that he owns on the rental market, he received about 30 applications in one week. “I priced it competitively,” he said. Parker, who is also a real-estate agent, said that he sees rent growth staying strong as many people find it too expensive to purchase homes, a situation made worse by low inventory and high interest rates. He…

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