Rent remains a pain point for small businesses even as overall inflation cools off

News Room
By News Room 10 Min Read


NEW YORK (AP) — While many costs have come down for small business, rents remain high and in some cases are still rising, forcing many owners into some uncomfortable decisions.

“Every time the rent goes up, we have to raise prices, to keep up with the cost,” said Adelita Valentine, owner of HairFreek Barbers in Los Angeles. “But with the cost of living, it makes it difficult on our customers.”

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