Experts say many factors are responsible for astronomical rents, including a nationwide housing shortage and low rental vacancies.
With soaring demand, microchip shortages and supply chain issues, buying a new car has never cost more.
Economists worry about the impact of rent increases on inflation because the big jumps in new leases feed into the U.S. consumer price index, which is used to measure inflation. Things have gotten so bad in Boston, which has nearly overtaken San Francisco as the nation's second-most expensive rental market, that one resident went viral for jokingly putting an igloo on the market for $2,700 a month."Heat/ hot water not included," Jonathan Berk tweeted.
According to the U.S. Census Bureau, rental vacancy rates during the fourth quarter of 2021 fell to 5.6%, the lowest since 1984.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Philanthropy For U.S. Colleges Up 6.9% In 2021; Tops $52 BillionPhilanthropic giving to U.S. higher education institutions exceeded $52 billion in fiscal year 2021. That's a 6.9% increase over 2020.
Lire la suite »
BTC helped us unseat a 20+ year incumbent: Aarika Rhodes on Bitcoin DayRhodes believes that the role of local businesses in expediting BTC’s mainstream adoption is “a simple matter of economics.”
Lire la suite »
U.S. stock futures fall, oil prices jump as U.S. says Russia has decided to invade UkraineU.S stock-index futures fell Sunday, amid even more urgent warnings from U.S. officials that a Russian invasion of Ukraine could come soon.
Lire la suite »
Medium US rent prices rose nearly 20% in 2021; experts say no end in sight for 'insane' levelsExperts say many factors are responsible for astronomical rents, including a nationwide housing shortage and low rental vacancies.
Lire la suite »
Medium US rent prices rose nearly 20% in 2021; experts say no end in sight for 'insane' levelsRents have exploded across the country, causing many to fall behind on payments, dig deep into their savings or downsize to subpar units.
Lire la suite »
Medium US rent prices rose nearly 20% in 2021; experts say no end in sight for 'insane' levelsExperts say many factors are responsible for astronomical rents, including a nationwide housing shortage and low rental vacancies.
Lire la suite »