Economists have long said that renting and investing in the stock market is a better investment than owning a house, and in 2022 that could be especially true. WSJ’s Dion Rabouin explains. Photo illustration: Elizabeth SmelovApartment rents fell in every major metropolitan area in the U.S. over the past six months through January, a trend thatas the biggest delivery of new apartments in nearly four decades is slated for this year.
Renters with new leases in January paid a median rent that was 3.5% lower than they would have paid last August, according to estimates from listing website Apartment List. It was the first time in five years thata WSJ membership
Recession
It is always absurd to spend 50%+ of one’s salary on rent because of work
So the predatory landlords have finally pushed the working class to the very edge of survival and now have to come up with a different way to get money without working for it?
Maybe we could cut down our remaining forests and have the government build free new homes for all the millions more immigrants crossing our borders if there is any money left after we bail out California and the nations banks. Umm 🤔 right can't bail out a bankrupt nation.
Let's see if any such decline (frankly, not sure there is this decline) holds.
or everyone moved home to the parents basement.
gurgel_lucas 'Lower inflation Biden's fault,' as was higher inflation. Says of course.
It's only a matter of time. If no one is taking the expansive apartments anymore, cause they can't afford them, the prices need to sink. I think we are at this point now.
Glad I'm out the game. Lower income folks will struggle for a very long time to keep up. Bad debt will be unstoppable (imo)
Demand falling...peak population. Too many people dying.
Maybe the land lords shouldn’t be squeezing everyone to the max?
Capitalism is dependent on consumption. NY and CA consume a lot. If you want to live by your beliefs, stop consuming so much. Focus on what you have control of
More likely, people moving out of progressive left crime-ridden cities.