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Hit hard by historic rent inflation, lower-income tenants lost 25% of their post-rent purchasing power from 2019-2023
March 02, 2026
CLEVELAND, Ohio, March 2 (TNSrpt) -- The Federal Reserve Bank of Cleveland issued the following news release:

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Hit hard by historic rent inflation, lower-income tenants lost 25% of their post-rent purchasing power from 2019-2023

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Hit hard by historic rent inflation, lower-income tenants lost 25 percent of their post-rent purchasing power from 2019 through 2023, according to a new report from the Cleveland Fed.

Rent inflation . . .

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