Rents are up 14% nationwide, forcing millions to find another place to live

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4 thoughts on “Rents are up 14% nationwide, forcing millions to find another place to live

    1. Inflation started 5 months before Biden took the Oath…. at least understand the problem before you yell out middle school reading level insults…

  1. Inflation is ultimately based on greed, prior to the pandemic inflation was still an issue. I’m happy I was born in the U.S., wouldn’t wanna live anywhere else also I’m not a socialist.

    Here’s why I believe inflation is driven by greed. Look at trees and office towers/skyscrapers or even human beings, each has a limit as to how tall they can grow or be built. Why do some businesses set unreasonable percentages of growth every year, while salaries don’t get the same growth projections with the cost of living increasing yearly? Those rental prices are totally unreasonable as are car prices; the gouging continues. I understand the desire to grow and believe companies should acknowledge, we may not get taller and bigger but could pour some of the expected growth back into the company and employess who helped the company reach past projections.

    Could this inflation thing be about shutting out the competition as with the mobile phone industry?
    Once there were many more mobile company choices than there are now just three mobile phone companies, whose prices keep rising unecessarily. Trees don’t keep growing taller and taller, at some point they reach their peak while continuing to produce new leaves, fruit or seed. Office towers like trees are topped out at some level, you can’t keep adding floors to infinity.
    Just a thought.

    1. All companies are in different phases. Large cap growth, small cap value, etc. etc. I agree with your statement but when a company is growing it’s a lot harder to “pour some of the expected growth back into the company”. Once it’s an established player things change. Be smart enough to work for said company for go find a better paying position somewhere else. Options = power.

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