Posted inBusiness

Some of California’s “cheapest” cities have seen the biggest rent hikes

Inland cities including Bakersfield, Fresno, Visalia and Riverside — once cheaper rent options than pricey places such as the Bay Area — are no longer refuges from California’s housing affordability crisis. Since the beginning of the pandemic, the typical asking rent in these former bastions of relative affordability have exploded by as much as 40%, […]

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