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What rising rents mean for inflation

Nov 11, 2021
Inflation on a larger scale is "transitory," we've been told by the Fed. But "rent growth is gonna remain strong," one experts says
In October, median net-effective rents for Manhattan apartments with no doorman increased by a 7.4% year over year, whereas apartments with doormen increased by 24.9%. Above, apartments on the Lower East Side of Manhattan.
Drew Angerer via Getty Images