Low-rent apartments are more in demand than ever in the Salt Lake area as renters, reeling from higher costs for food and gasoline, look for ways to make ends meet.
Trouble is that rents in Salt Lake County grew by 9.2 percent over the past year - the largest 12-month increase in more than a decade - mainly because of high demand for lower-priced units, making them not so affordable anymore.
More here.
Thursday, August 14, 2008
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