Rents Are Up - Way, Way Up

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Found in https://www.theepochtimes.com/...

A recent report from Apartment Guide found that households need an annual income of at least $254,000 to rent an average apartment in New York City and $188,000 for a rental in Boston.

Rounding out the top five expensive U.S. cities for rentals are Oakland, California, with income requirements of over $177,000, followed by San Francisco at $173,400 and Los Angeles at $158,000.