Rents across the United States have been increasing over the past several months, adding economic pressure on millions of households. In January 2022, rent for 0–2 bedroom properties rose by 19.8 percent year-on-year, according to a report published by Realtor on Feb. 22. This was the eighth straight month in which the rent for these…
Rents Keep Climbing, Overheating Inflation Debate
July 8, 2021
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The cost of renting a home continues to rise in the United States as more people return to work in metro areas, boosting demand for rental apartments. A sustained increase in rents could lead to more persistent inflation and challenge the central bank’s view that inflation is “transitory,” experts say. Rents dropped significantly during the pandemic across the country, with…
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