Rent Hikes Are Finally Slowing–Mostly for the Rich

Bloomberg, June 3, 2016–Clark, Patrick

Between April 2015 and April 2016, the pace of rent increases slowed in at least 90 percent of luxury ZIP codes1 in Atlanta, Los Angeles, New York, and San Francisco, according to data compiled by Zillow. But in each of those metropolitan areas, rent growth is less likely to be slowing down in cheaper parts of town.