Heckova job, “Zimbabwe Ben” Bernanke, Yellen the Felon, & BlackRock Jay.
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Of the 10 US metro areas which saw the highest rent increases in September, half are also among the most dangerous cities in the country
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Rents in American cities workers fled from during the pandemic rose at significantly higher rates last month than the sunbelt cities workers moved to
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Chicago, Boston, and New York City topped rent increases across the country, coming in at 23.9 percent, 19.9 percent, and 18.2 percent
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Conversely, major sunbelt cities like Orlando, San Diego, and Dallas showed lower increases in the eight percent range
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Though still high, the increases are down for the second month in a row since they peaked last July
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Economists from Realtor.com said the numbers may affirm forecasts that the rental market is cooling after the severe spikes which followed the pandemic
h/t Boo_Randy