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flag Rising rents force Americans to move to more affordable cities, Bank of America reports.

flag Skyrocketing rents are pushing many Americans to move to more affordable locations. flag According to Bank of America, median rent payments increased by 3.7% over the past year, leading to a trend of downgrading or relocating, especially among higher earners in the Northeast. flag Cities like San Jose, Miami, and New York are losing renters, while more affordable cities in the South and Midwest are gaining them.

5 months ago
3 Articles