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April 23, 2015

San Francisco rents up 15% in 12 months

  • At the end of last year, 36 percent of Americans rented, up from 31 percent before the Great Recession.
    • By JOSH BOAK and MICHAEL LIEDTKE
    AP Business Writers

    WASHINGTON — Almost no one is moving to San Francisco to save money.

    They might come for the tech jobs, the comfortable weather or even the artisanal espressos. But average home rent has jumped nearly 15 percent in the past year — to $3,129 last month — according to real estate data firm Zillow.


     
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