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Wages for the typical U.S. worker have surged since the pandemic, but for many Americans those gains are being gobbled up by rising rent. Rents jumped 30.4% nationwide between 2019 and 2023, while ...
In L.A. County ZIP codes farther than three miles of either burn area, the gain was smaller — 2.2%. Rent could be rising for multiple reasons, experts said, but it’s likely climbing faster ...
The cost of rent and utilities in 2023 rose faster than home values for the first time in a decade, the latest sign that a distorted housing market has pushed more people into renting.
The national rent median sits at $1,987 a month, up about 0.75% compared to last year, basically flat compared to last month, Rent.com said.
A new report on rental price increases in the United States, published by real estate company Redfin, showed the median rent in the U.S. was up 2.4% for $1,940 but n Tampa, prices were up 3.5% and … ...
But a few have begun to wonder if changes in the housing market, alongside demographics and other forces, could cause housing costs to continue to rise at a faster pace than before the pandemic.
In previous years, rent also rose faster in these areas compared with the rest of the county, but the gap grew post-fires, which experts said indicates the fires are the likely cause. Daniel Teles ...