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Rents are going through the roof across much of the US

Added on July 19th, 2021 by | Report Post
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With crowds of newly remote workers fleeing large metros, smaller cities are seeing the biggest rent hikes.

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    MalcoveMagnesia

    Picture is from San Francisco, which I don’t think qualifies as a “smaller city”…

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    Bolthorn

    What else is unusual is I don’t see that picture in the article either. Unless it’s a screengrab from one of the videos in the article.

    The first “city” mentioned in the article, Dupont, PA, has a population of under 3,000 people according to the 2010 census. That would definitely qualify though, as do some of the other cities mentioned in the article.

    There are also a few that I don’t think I’d consider a “smaller city” either like Atlanta, Ga that appear in one of the graphs.

    The actual smaller cities seeing this problem are going to be in an even worse position when some of these people that are currently moving in have to move out. Once their employer demands they start showing back up to the office they won’t want this massive commute. And the people that have been forced out will have found somewhere else to live and not come back.

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    songofsickness

    “It turns out capitalism is alive and very well. We’re making serious progress to ensure that it works the way it’s supposed to work for the good of the American people.” – Joe Biden, July 2021

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