Apartment rents are shooting up in hundreds of cities across the U.S. Here's why.

m.knox

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Aug 20, 2003
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#BIDENFLATION is killing the little guy.

https://www.cbsnews.com/news/rent-apartments-rising-housing-market-us/

Apartment rents across the U.S. are surging in almost 400 cities, with the average price for a 1-bedroom having shot up more than 25% since June 2021, according to Rent.com. The typical cost for a two-bedroom unit is up 26.5% over that period.

The reasons: A severe shortage of affordable housing, rising home prices and soaring inflation.
 

LafayetteBear

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m.knox

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Aug 20, 2003
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Well, when you have the Hands On Museum, you're BOUND to be near the top of the list. And the weather is so idyllic. No mosquitos. Jobs everywhere. No wonder average home prices ($489,172, according to Zillow) are so high.

It's probably as simple as we don't have shit and needles in the street.
 
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