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Some private-sector sources are reporting that year-over-year rent increases slowed down in June. This could be good news for inflation, but not anytime soon.
OER, a component of the consumer price index, involves homeowners’ estimates of what their residence would rent for.
People looking to break out of shared housing are increasing demand for rentals, but supply is limited.
The rental vacancy rate is just under 6%, the lowest it’s been since the 1980s. And that’s driving prices up.
For many Americans, rents are rising much faster than official numbers suggest.
And new data shows that buying a place is more affordable than renting in some areas.
The share of rental applications from young people with above-average incomes spiked 20% in 2021. The shift is rippling through the market.
Renters and landlords have relied on federal rental assistance money, but by the end of 2021, most of that money could be gone.
Inflation on a larger scale is “transitory,” we’ve been told by the Fed. But “rent growth is gonna remain strong,” one experts says
If enacted, the proposal would be one of the most aggressive rent control policies in the country, applying to new construction.