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The American dream of homeownership once a cornerstone of financial security and family stability is slipping further out of reach for millions of households. A new analysis by the Harvard Joint Center for Housing Studies, as reported by Quartz, reveals the stark reality: the average American can no longer comfortably afford to buy or rent […]
For the first time in more than three years, many Los Angeles renters under the city’s rent stabilization ordinance (RSO) are seeing their monthly costs go up.When the city lifted its COVID-era rent freeze on February 1, 2024, landlords regained the ability to raise rents some by as much as 6% depending on whether utilities […]
In today’s rental landscape, what used to be considered a six-figure milestone salary is now the bare minimum to afford rent in many American cities. A new analysis from Zillow Group reveals that the number of markets where renters must earn at least $100,000 per year to comfortably afford a typical rental has doubled since […]
After several years of relentless rent increases, the U.S. rental market is finally showing signs of cooling. According to the latest data from Redfin, the median asking rent fell by about 1% year-over-year in May 2025 to $1,625 the lowest level since early 2022. This marks a notable shift in the rental landscape, signaling that the […]
After nearly four years of frozen rents during the pandemic, Los Angeles is entering a new chapter in its rental market one that could redefine affordability for thousands of renters across the city. Beginning February 1, many tenants living in rent-controlled apartments may face rent increases of up to 6%, marking one of the most […]
After years of relentless rent increases and record-low vacancy rates, America’s rental landscape is beginning to shift and for once, renters are the ones benefiting. Thanks to an unprecedented construction boom in multifamily housing, the U.S. rental market is seeing a rare cooling effect. Developers have delivered more apartments in the past year than at […]