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Rent payments up US$20.6b in US as home ownership falls
Published Tue, Dec 30, 2014 · 09:50 PM
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New York
US renters paid US$441 billion for apartments and houses this year, a US$20.6 billion increase, as fewer Americans owned their homes and landlords with tight inventories raised leasing charges, Zillow Inc said today.
The number of rental households grew by 2 per cent, or 770,000, nati…
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