Maxwell Alejandro Frost, who is to become the first member of Generation Z in the United States House of Representatives, said on Dec. 8 that his “really bad” credit score got his application to an apartment in Washington denied. “Just applied to an apartment in D.C. where I told the guy that my credit was…
Report: 41 Percent of Small Businesses Can’t Pay Rent This Month
More than 40 percent of U.S. small business owners say they couldn’t pay rent on time or in full for the month of November, the highest this year. The small business network group Alignable released the survey, which found that the hardship varies by industry. A notable 57 percent of beauty salons said they couldn’t…
Survey: Growing Number of Small Businesses Can’t Pay Rent
Newly released small business survey data shows that an alarming number of businesses are unable to pay rent. Alignable released its monthly small business report for October which showed 37 percent of American small business owners were unable to pay rent on time or in full last month. That is up from 30 percent who…
The Rage of Paris (1938)
October 21, 2022
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Nicole has no job and is several weeks behind with her rent. Her solution is to try to snare a rich husband. So she enlists the help of her friend Gloria and the maitre d’ to catch the eye of Bill Duncan. Credit: Public Domain Movies – Feature Films: Cinema collection: epochcinema.com Epoch Original content:…
In Times of High Inflation, What Happens to Rents?
Commentary In times of high inflation, what happens to rents? Tenants are getting squeezed with higher prices for food, medical care, gas, and everything else, hence they have less money available for paying rent. Will this also create a crisis for rent-collecting landlords that have their own set of mortgage and property-operating expenses? Any other…
What Do Zoning Laws and the Fed Have to Do With National Security?
October 3, 2022
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Commentary Inflation is hitting us at the gas pump, supermarket, as well as mortgage and rent. While the Federal Reserve (Fed) tries to beat inflation by increasing interest rates, that actually makes mortgage and rent payments worse, not better. Average mortgage payments at the mean have increased by almost 60 percent since the fourth quarter…
These US Cities See the Largest Increase in Rent Prices
September 9, 2022
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While New York, California, and Boston, Massachusetts, continue to be the most expensive rental markets in the country, some unexpected locales have actually experienced the largest increases in one-bedroom rental prices year over year. The August report from Rent.com puts Greensboro, North Carolina, at the top of the list, with rent hikes of 74.2 percent,…
Many California Renters Could See Rents Rise Up to 10% in August
LOS ANGELES—Some renters in California face up to a 10 percent increase in rent starting Aug. 1. That means a monthly increase of $200 to $300 on average for many renters in Southern California who are already paying some of the highest rates in the country. The rental hikes are authorized by a statewide rent…
Why You Should Never Be Late Paying Your Rent
Some days, my email inbox fills me with joy. And then there are the days that a message nearly breaks my heart. That was the case when I opened this letter from one of my dear readers who lives in Missouri. Dear Mary: In one of your columns (“What To Do When You Can’t Pay…
Nearly 30 Percent of Gen Z Living Permanently With Parents Amid Inflation Squeeze
Amid surging rental prices, nearly 30 percent of Americans born in the late 1990s and early 2000s still live at home with their parents or relatives, according to a new survey. The survey was conducted by Qualtrics on behalf of Credit Karma, from June 10 to June 15, among 1,022 U.S. adults between the ages of…
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