Business & Finance: Rising Rents

Since Depression lows, the cost of food in the U. S. has jumped nearly 40%. The cost of clothing has gone up nearly 25%.

Meanwhile the cost of shelter, lagging behind changes in the general commodity price level, has risen only about 16%.

Though commodity prices in the U. S. turned upward about the time President Roosevelt took the dollar off gold, rents continued to decline until the beginning of 1934. By last week U. S. citizens were well aware that rents were catching up with other basic elements in the cost of living....

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