http://www.marketwatch.com/story/forget-new-york-rents-are-surging-by-up-to-20-in-these-cities-2015-09-04
Rental listings in San Francisco surged 14% to $3,530 year over year for
one-bedroom apartments available in September, according to an analysis
of one million listings of 50 cities by apartment rental site Zumper,
and they rose by over 5% to $3,160 for a one-bedroom in New York.
Zumper calculated the median asking-rents for the top 50 metro areas by
population, so a glut of smaller/cheaper (or larger/more expensive)
apartments in any particular month doesn’t skew the overall result. The
rise in rents doesn’t necessarily mean a surge in multi-unit building
construction, experts say, but reflects an unwillingness and/or
inability among a young (and growing) workforce to buy.
More No inflation here folks ....
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