Rent, mortgage payments hard to meet for workers entangled in the government shutdown.
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How much is monthly rent in every state?In Washington, D.C., the average monthly rent will cost $2,553 while the average monthly rent in Arkansas will cost $954. Online real estate database Zillow created a database of average monthly median rent in states across the nation. The methodology for the estimate incorporates metrics of physical attributes of the home, prior sales transaction, tax assessment information, geographic location and estimated market value of the home. The purpose of the rent index is to give consumers an indication of the fair market rent for a home, according to Zillow.
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Unpaid federal workers owe more than $400 million in mortgage and rent payments this monthThe federal government has suggested that federal employees barter with landlords if they can’t pay the rent.
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Breakingviews TV: The rentAirbnb is doing surprisingly well in China, even as tech companies like Uber exit. Its business model complements Beijing’s push to lower rents – and track citizens. Sharon Lam and Pete Sweeney discuss what the company has gotten right.
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