Marketplace®

Daily business news and economic stories
Aug 15, 2022

Apartments are going up, but rent isn’t going down yet

Apartment building hits a high. Plus, people with fixed-income benefits feel inflation’s punch, and colleges try a new admissions strategy.

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Supply chain issues and rising labor costs make it hard to get new apartment buildings on the market.
Supply chain issues and rising labor costs make it hard to get new apartment buildings on the market.
Frederic J. Brown/AFP via Getty Images

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