Record-low mortgage rates mean that homeowners have a smaller financial burden for their residences than at any time since the early 1980s.
But here's the bad news: Rising rents are squeezing many families and leaving them with less to spend.
Several factors have pushed rents up. Rental and apartment housing is in short supply but demand has grown after several years of foreclosures and population growth.
Read more...Rising Rents Pinch Tenants - WSJ.com
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