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Elena L [17]
3 years ago
5

What type of living cost in the u. S. Rose a record 17 percent over the last year, as home prices and construction costs surged

more than 19 percent?.
Business
1 answer:
qwelly [4]3 years ago
7 0

The living cost that has risen by 17% in the past year as a result of home prices rising is <u>Rent</u>.

<h3>How have prices changed?</h3>

As the nation rebounds from the pandemic and is on a strong spending spree, home prices and construction costs have risen by more than 19%.

The result of this is that rent has increased by 17% in the past year as homeowners seek to recoup the cost of home construction.

In conclusion, the living cost of rent has risen by 17%.

Find out more on rising prices at brainly.com/question/17978107.

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