You Searched For "rent surge" and got 20 results
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2 mins read
Rents in Oakland have fallen faster than anywhere else in the US for a simple reason: The city built more housing
This is a turnaround for the city, which has faced a serious housing affordability crisis in recent…
Eliza Relman
2 mins read
Rents just hit another record high after a 12% surge in January
Renting is getting more expensive everywhere and new data suggests overall affordability will falte…
Alcynna Lloyd
4 mins read
A California homeowner fixed up her converted garage and rents it on Airbnb. It now pays for her mortgage.
A California homeowner explains how she converted a garage into a rental apartment. Now her Airbnb …
Eliza Relman
1 min read
Renters about to catch a break as rents post their biggest drop in 3 years
Growing vacancies and a decline in people looking to move brought down the asking rent price in May…
Filip De Mott
1 min read
Younger consumers, especially Gen Z, are getting squeezed the most by surging rent rates as inflation bites the US economy, says Bank of America
"A sizeable increase in rental prices have squeezed consumer wallets," BofA said, adding that the m…
Zahra Tayeb
4 mins read
3 ways the US could avoid sinking into a recession as inflation slows, according to one of the first economists to call the 2008 housing crash
Shrinking gas, retail, and rent prices could mean that we are back on a path of healthy growth, say…
Jason Lalljee,Ben Winck
3 mins read
The real estate market is finally getting less competitive. Here's why that's bad news for both renters and potential buyers — at least for now.
Americans who don't already own a home are about to fork out more for a mortgage, and even renters …
Alcynna Lloyd
1 min read
A tight housing market pushed room-for-rent costs 23% higher last year
In January 2022, the average cost was $775. By December 2022 that jumped to $955, according to Room…
Phil Rosen
3 mins read
These are the US cities where it's most expensive to live on your own
In some of the biggest cities, one-bedroom apartments cost nearly as much as two-bedroom units. It …
Ben Winck,Madison Hoff
2 mins read
Goldman Sachs says rent increases should slow down this year
Recent trends in key rent measures suggest shelter inflation peaked in the fourth quarter, Goldman …
Ben Winck
8 mins read
Wonder why your rent is so high? Because everyone has decided they want to live alone.
Rents in big cities remain shockingly high despite a pandemic exodus. New research suggests one key…
James Rodriguez
2 mins read
Boston is about to overtake San Francisco as a more expensive city for renters
The median one-bedroom rent in San Francisco is just $130 more than in Boston. That gap was $1,300 …
Ben Winck
2 mins read
New home sales surprisingly surged 20% last month. It shows the fight against inflation is working.
The big jump in new home sales was a surprise given the sharp increase in mortgage rates over the p…
Zahra Tayeb
3 mins read
A 25-year-old in Boston pays just $700 in rent in exchange for helping her 64-year-old roommate around the house as multigenerational living is on the rise: she 'has become like my family'
As Gen Z and millennials struggle to keep up with skyrocketing rent, more are living with people cl…
Jason Lalljee
3 mins read
Meet a Boston teacher who can't find an affordable home in the city with the fastest-growing rent in the country: 'I may have to rent forever if I choose to stay here'
Kate Mannelly's rental search has left her afraid that she can't afford to stay in a city where the…
Ben Winck
3 mins read
Renters are so fed up with their homebuying options that they say they'll rent forever
Millennials and Gen Z are especially losing confidence they'll ever own a home as they're competing…
Jason Lalljee
1 min read
Rents just fell to their lowest level in over a year as ballooning prices from the pandemic start to deflate, Redfin says
"Rents ballooned during the pandemic, and are now returning to earth," according to Redfin real est…
Jennifer Sor
3 mins read
Average rent is 32% of the typical Americans' pay — that's more than financial experts recommend budgeting for housing
Experts recommend spending less than 30% of your income on housing. For many Americans, that's no l…
Alcynna Lloyd
2 mins read
Rents are tumbling in 27 of the US's biggest cities and still rising in 8
Rent prices fell 0.1% in August, Apartments.com said. The drop is the first in 20 months, yet sever…
Alcynna Lloyd,Ben Winck,Madis…
3 mins read
Gen Z and millennials are skipping rent and mortgage bills to pay off medical debt
They're also avoiding getting necessary medical treatments because they're already buried in doctor…