MoneyWatch: The cost of rent is on the rise

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MoneyWatch: The price of hire is on the rise - CBS Information Watch CBS News Average rent in the United States is up 17% from last year. Southern Florida is getting hit especially hard, with rents averaging 55% higher than last year. Danielle Hale, chief economist for Realtor.com, shares what's causing these increases on "CBS …

MoneyWatch: The price of hire is on the rise – CBS Information

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Average rent in the United States is up 17% from last year. Southern Florida is getting hit especially hard, with rents averaging 55% higher than last year. Danielle Hale, chief economist for Realtor.com, shares what’s causing these increases on “CBS News Mornings.”