A recent study from Apartment List shows that it's becoming less and less affordable to rent apartments. This is especially true in apartments in older buildings. Plus, proportionally, the share of rentals that are less than 10 years old is at a record low. The cost of rent has been increasing the quickest among older rentals. This goes against tradition. Typically, older units are less sought-after and fill the need for people with less money to spend on rent. That's what happens in a … Continue reading...