Rent Increases Continue

Landlords keep cranking up rents, with annual increases far outpacing price growth elsewhere in the economy, according to recent data released this summer.

Rents in May were up 3.5% from a year earlier, while a gauge for overall consumer prices showed no growth according to the U.S. Labor Department.

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According to Trulia, the ten big U.S. cities where it is cheaper to buy than to rent are as follows:
Las Vegas
Detroit
Mesa, AZ
Fresno, CA
Arlington, TX
Sacramento
Phoenix
Jacksonville, FL
San Antonio, TX
Tulsa, OK

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Happy Investing!