recent study
To get the scoop on why rents are rising right now and what renters can do to protect their wallets, I reached out toSo, what's driving rent prices up? Silbert says that offices reopening and workers returning to cities are among the factors making rents spike."As offices reopen and the job market picks up, we’re seeing a lot of renters who previously moved away or back home now rejoin the rental market," Lauren Silbert says.
So if you're a renter, what can you do to cope? Silbert suggests looking at either downsizing your space, increasing your income, or even relocating to a less-expensive area, if possible."A lot of renters are going to find they can’t afford the same kind of housing they could before, and may need to weigh their options — whether that’s downsizing, negotiating a higher salary, making a career change, or relocating where costs of living are lower.
“We suggest raising your income to prepare for this” Okay, thanks for the tip 😂
Lived here 4 yrs, always pay rent on time, fix our own maintenance even! .. our landlord called a few mos ago and said, 'Since Biden's throwing out money, we're raising rent' .. 😭😩😫
Own your home Done
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