Renters are being hit harder by inflation than homeowners are
Article Excerpt: "... Renters and homeowners experience inflation differently; and right now, renters are taking a much more painful hit.
Consumer Price Index data released Thursday showed that inflation was at 3.4% in December. It was the highest level since September and a jump from November’s 3.1% reading.
“The December inflation report provides a stark reminder that getting inflation down those last couple of percentage points is not going to be easy..."
Resource: www.cnn.com