showed an even starker picture: Rents jumped 19.3% year-over-year in the nation's 50 biggest markets.
Those in search of"higher-quality" apartments are likely having a tough time finding something — vacancy rates are low, and rents for professionally managed units spiked 13.8% in the third quarter of 2021. At the same time, rent is rising and there are fewer units available — the report estimates that there's currently a shortage of 1.5 million units for lower-income renters. that offers affordable- and supportive-housing. The building, home to 37 apartments ranging from studios to three-bedroom units, received 47,000 applications. Real estate agents work an open house in West Hempstead, New York.Insider's Taylor Borden reportedMigration has played a role.
$15 an hour and inflation has consequences. If you want other things to blame look at the left leaning business owners with inflated income that are buying up properties to pass their portfolios
Lies. Mass media pedaling to own nothing and stay under the water. Trying to destroy the middle class.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.