High rents drive demand for home-sharing

Anyone who has tried to find a rental on the Midpeninsula recently knows that rents seem higher than ever locally — a fact confirmed by a recent study that found San Mateo County to be the third most expensive rental market in the country.

The study by the National Low Income Housing Coalition found that only Nantucket County in Massachusetts and Honolulu County in Hawaii have more expensive rents, based on the federal Department of Housing and Urban Development’s annual study of fair market rate rents.

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