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a26 obituario/u.s. news
Dialuna 21 Februari 2022

Rents reach ‘insane’ levels across US with

no end in sight

(AP) – In the 50 largest U.S. metro areas, me-
dian rent rose an astounding 19.3% from De-
cember 2020 to December 2021, according to
Senor ta mi wardador,mi no tin falta di nada. a Realtor.com analysis of properties with two
Den cunucu di jerba berde e ta ponemi sosega or fewer bedrooms. And nowhere was the
E ta hibami na awa tranquil,Pa mi bolbe hana forsa jump bigger than in the Miami metro area,
Salmo:23 where the median rent exploded to $2,850,
49.8% higher than the previous year.
Cu inmenso tristesa
nos ta anuncia fayecimento di : Other cities across Florida — Tampa, Orlando
and Jacksonville — and the Sun Belt destinations
of San Diego, Las Vegas, Austin, Texas, and Mem-
phis, Tennessee, all saw spikes of more than 25%
during that time period.
ond-most expensive rental market, that one resi-
Rising rents are an increasing driver of high infla- dent went viral for jokingly putting an igloo on the
tion that has become one of the nation’s top eco- market for $2,700 a month. “Heat/ hot water not
nomic problems. Labor Department data, which included,” Jonathan Berk tweeted.
covers existing rents as well as new listings, shows Experts say many factors are responsible for as-
much smaller increases, but these are also pick- tronomical rents, including a nationwide hous-
ing up. Rental costs rose 0.5% in January from ing shortage, extremely low rental vacancies and
December, the Labor Department said last week. unrelenting demand as young adults continue to
That may seem small, but it was the biggest in- enter the crowded market.

crease in 20 years, and will likely accelerate.
Enrica P. Flanegin Whitney Airgood-Obrycki, lead author of a recent
mihor conoci como “Rita of Chiki” Economists worry about the impact of rent in- report from Harvard University’s Joint Center for
*15-07-1954 †18-02-20222 creases on inflation because the big jumps in new Housing Studies, said there was a lot of “pent-up
leases feed into the U.S. consumer price index, demand” after the initial months of the pandemic,
which is used to measure inflation. when many young people moved back home with
Acto di entiero lo wordo anuncia despues Inflation jumped 7.5% in January from a year ear- their parents. Starting last year, as the economy
lier, the biggest increase in four decades. While opened up and young people moved out, “rents
many economists expect that to decrease as pan- really took off,” she said.
demic-disrupted supply chains unravel, rising
rents could keep inflation high through the end of According to the U.S. Census Bureau, rental va-
the year since housing costs make up one-third of cancy rates during the fourth quarter of 2021 fell
the consumer price index. to 5.6%, the lowest since 1984.
Things have gotten so bad in Boston, which has
nearly overtaken San Francisco as the nation’s sec- “Without a lot of rental vacancy that landlords are
accustomed to having, that gives them some pric-
ing power because they’re not sitting on empty
units that they need to fill,” said Danielle Hale,
The LORD is my shepherd; I shall not want. Realtor.com’s chief economist.
He maketh me to lie down in green pastures:
He leadeth me beside the still waters. He Meanwhile, the number of homes for sale have
restoreth my soul: He leadeth me in the paths of been at a record low, contributing to ballooning
righteousness for His name’s sake. home prices that have caused many higher-in-
come households to remain renters, further up-
With deep sorrow we announce the passing of ping demand.
our beloved: Construction crews are also trying to bounce
Laga tur loke ta spera mi ta bunita back from material and labor shortages that at the
Laga tur locual cu mi encontra na caminda ta bunita start of the pandemic made a preexisting shortage
Laga tur locual cu mi laga atras keda bunita y of new homes even worse, leaving an estimated
Laga esakinan termina den tur buniteza. shortfall of 5.8 million single-family homes, a
Cado Wever. 51% leap from the end of 2019, Realtor.com said.

Cu dolor na nos curason, nos ta anuncia fayecimento And potentially compounding all of this is the in-
di: creasing presence of investors.
A record 18.2% of U.S home purchases in the
third quarter of 2021 were made by businesses or
institutions, according to Redfin, as investors tar-
geted Atlanta, Phoenix, Miami, Charlotte, North
Carolina, and Jacksonville, Florida — popular
destinations for people relocating from pricier cit-
ies.

Hale said the increasing presence of investors is
a factor in rent hikes, but only because they have
Shirley Sylvia van pricing power due to low vacancies. “I don’t think
Heyningen-Raymond that’s the only driver,” she said.
*29-01-1938 †16-02-2022 Most investors aren’t tied down by rent control.
Only two states, California and Oregon, have
statewide rent control laws, while three others –
Sra. Linda M. Martes New York, New Jersey and Maryland – have laws
Condolence and funeral date will be *12-05-1957 - †-08-02-2022 allowing local governments to pass rent control
announced later Acto di entiero lo wordo anuncia despues ordinances, according to the National Multifam-
ily Housing Council.