☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 11 hours agoRents rose by 8% on average from 2022 to 2023, which was the highest annual average growth seen since 2000.www.cnn.comexternal-linkmessage-square1fedilinkarrow-up120arrow-down10cross-posted to: news@hexbear.netnews@hexbear.netus_news
arrow-up120arrow-down1external-linkRents rose by 8% on average from 2022 to 2023, which was the highest annual average growth seen since 2000.www.cnn.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 11 hours agomessage-square1fedilinkcross-posted to: news@hexbear.netnews@hexbear.netus_news
minus-squaremke_geek@lemm.eelinkfedilinkarrow-up2·6 hours agoRents went up for several reasons: Lack of housing supply. Increased costs for materials, contractor labor, utilities, increased costs for staffing, etc. increased demand. People lived together during the pandemic and got sick of each other.
Rents went up for several reasons:
Lack of housing supply.
Increased costs for materials, contractor labor, utilities, increased costs for staffing, etc.
increased demand. People lived together during the pandemic and got sick of each other.