Record Home Prices Force Prospective Buyers to Rent
Steeper borrowing rates and high prices in the housing market are leading many buyers to give up. That is welcome news for owners of single-family rental homes.Prospective home buyers face…
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Rising Rents Pose Risks to the Fed’s Inflation Outlook
The biggest wildcard for U.S. inflation over the next year doesn’t come from used cars or airline fares. Instead, it is housing.Officials at the Federal Reserve and the White House have…