US Renters Spent $441 Billion on Rent in 2014

The U.S. gained more than 770,000 new renters in 2014, which — along with rising rents across the country — drove the cumulative amount paid in rent to $441 billion. The cumulative total rose 4.9 percent in 2014, from last year’s total of $420.4 billion. Renters in the New York-Northern New Jersey .......


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