Category: rent market

Americans Priced Out as Rental Rates Spike

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…


Inner City Living Falling Out Of Fashion Thanks to CCP Virus Pandemic

The popularity of inner-city living is declining amidst the CCP Virus pandemic alleges a new report from real estate advisory Corelogic. According to the report apartment rents in Sydney and Melbourne plunged by 5.7 percent and  7.6 percent respectively last year as COVID-19 lockdowns and border restrictions dried up the stream of tourists and overseas students…