Economy Watch Weekly: Rent Prices Pose Challenge for All Generations
August 29, 2017
Millennials aren't the only generation feeling the pressure of high rents in the nation's 100 most populous MSAs, according to a recent ABODO report. Economy Editor Dees Stribling discusses the report, for the week ending Aug. 25, 2017.
Contrary to popular belief, it’s not just the millennials that are cost burdened by the price of their rents, according to a new ABODO report. Baby Boomers and Gen Xers are also feeling rent pressured. Analyzing Census Bureau data, the firm also revealed in which cities of the 100 most populous MSAs renters are the most cost burdened. Economy Editor Dees Stribling has all the data, for the week ending Aug. 25, 2017.Â
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