Why Are Rent Prices Increasing in the Bay Area?

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Why Are Rent Prices Increasing in the Bay Area?
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Housing prices have steadily dropped all over the Bay Area over the last few months, but rent prices aren't following the trend. Here's why

With rent prices high, young people are especially caught in a bind. In fact, a study from real estate website Zillow says anyone making a minimum wage of $17 an hour will need nearly three incomes to afford to rent a one-bedroom home in San Francisco.

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