Low-Income Renters Aren’t Benefiting From Price Declines via GlobeSt

While rents have declined in many areas of the country during the pandemic, low-income renters haven’t necessarily benefited.

In its February market report, Zillow said the more-expensive metro submarkets softened the most, providing little respite for renters in lower-priced areas. In fact, Zillow found rents remained “stubbornly high in more-affordable areas.”

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