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Is rising rent a myth? For many, incomes seem to be keeping up

SFGATE (September 17, 2017) – Most people paying attention to the cost of renting an apartment in the U.S. would tell you that prices have gotten out of hand.

That’s certainly true at the extremes where, say, the typical two-bedroom in the Bay Area suburb of San Mateo, California., clocks in at $4,300 a month. More broadly, the supply of new housing isn’t keeping up with demand, pushing rents up in cities across the country.

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