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New York City Rents Hit Record Highs Amid Nationwide Housing-Price Increases

Posted on the 11 August 2022 by Phil's Stock World @philstockworld

New York City rents hit an all-time high in June, reaching $3,500 a month as prices skyrocket from pandemic lows. Rents are up in many cities across the U.S., but New York City's recent rise is outpacing other major cities like Los Angeles and Chicago, forcing some tenants out of apartments that ...

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