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October 19, 2016
ASHLAND, Ore. (AP) — A tight housing market in trendy Ashland is causing rental rates to shoot up and some are protesting hikes of up to $250 a month as the issue takes front and center in upcoming City Council and mayoral races.
The town of about 20,000 people near the California border has a rental vacancy rate of just 1 to 2 percent and housing costs are 67 percent higher than the average in the rest of the country, the Ashland Daily Tidings reported, relying on the cost of living index.
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