California’s back rent is projected to reach nearly $1.7 billion by the end of the year, or almost a fourth of the total rental debt nationwide, a Federal Reserve study found.

Read More: https://www.msn.com/en-us/money/realestate/back-rent-in-california-nearing-1-7-billion-fed-study-finds/ar-BB1aYbZZ?ocid=hplocalnews