GoLocal Prov: In RI, the Cost of Renting and Buying Is Getting More Expensive and It Is Creating Big Problems

Sunday, May 30, 2021

GoLocalProv News Team

The cost of housing in Rhode Island is becoming ever more expensive and outpacing wage growth and inflation. While data indicates Rhode Island's economy is floundering, research shows the employment situation not only the worst in New England, and the state's recovery is the worst in the country.

Both rents and the cost of purchasing a home are soaring upward.

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Courtesy of GoLocal Prov