How can it be that homes snapped up by.

Why is rent so damn high. Youve no doubt heard it before. An economy previously built on dispersed manufacturing has transitioned to white collar jobs in urban areas like Californias Silicon Valley and the supply of new housing hasnt been even remotely. Finding and buying a home is tough these days but paying the rent isnt much easier.

Why is the rent so damn high. People with money want to live there. Both of these factors and more are contributing to a growing demand for rental properties today.

Here are eight key reasons we have to pay so much to live in New York City. Ima keep it short We need big infrastructure projects in urban areas to make it so we can hold more people in cities like NYC or SF or Boston where the rents are increasing to astronomical levels but incomes barely increase. For the short term that means rents are only going to go higherinflicting serious pain on the poor on young people and on those whose credit history locks them out of the mortgage market.

Its the basics of capitalism. Jul 16 2018. As part of our semi-regular look at rental prices across the US.

People in communities across California have been asking why their rents are so high when interest rates are at an all-time low after the recession. The Rent Is Getting Too Damn High By David Weidner January 25 2018. Why Is The Rent So Damn High.

Why Is the Rent So Damn High. Access to secure affordable high-quality housing is an issue that touches many aspects of a persons well-being. In 2017 about 43 Million Americans spent more than 485 billion on rent which is the most money ever spent on rent.