Renters spent more than Bezos’ net worth this year — and rents are still growing

American renters spent a startling amount on housing this year. According to new data, they paid a whopping $504.4 billion in rent across 2018 — nearly $13 billion more than last year and three times the net worth of Amazon CEO Jeff Bezos.

from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports http://bit.ly/2Rqccgs