Rents explode across the US, forcing many to dig deep or moveUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostRents have exploded across the United States, causing many to dig deep into their savings, downsize to subpar units or fall behind on payments and risk eviction now that a federal moratorium has ended.In the 50 largest US metro areas, median rent rose an astounding 19.3 per cent from December 2020 to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms. And nowhere was the jump bigger than in the Miami metro area, where the median rent exploded to US$2,850…Read More

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