Kamala Harris wants to take on ‘abusive’ corporate landlords. How much do they actually affect your rent? | CNN Business
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Nearly half of all renter households spend more than 30% of their income on housing costs, qualifying them as “cost-burdened,” according to US Census data in September.
  • mke_geek@lemm.ee
    2·
    27 days ago

    Rents went up for several reasons:

    1. Lack of housing supply.

    2. Increased costs for materials, contractor labor, utilities, increased costs for staffing, etc.

    3. increased demand. People lived together during the pandemic and got sick of each other.