WSJ includes Denver as More Expensive City for Renters in Latest Report
The Wall Street Journal reported on how rising rents are outpacing income. According to an analysis of U.S. Census data released by Apartment List, a rental listing website, inflation-adjusted rents have risen by 64% since 1960, but real household incomes have only increased by 18% during that same time period. Denver was mentioned as one of the more expensive cities that renters are migrating to from more affordable cities due to rising construction costs and land use restrictions.
Photo courtesy of Business Rewritten