Description: The city is thriving, but many who scored a deal now face rent-renewal sticker shock. Rents rose 33 percent between January of 2021 and January this year, according to an online listing site.
Date: Apr 08, 2022
Questions for discussion:
- What does this report illustrate about the laws of supply and demand?
- Should government try to regulate these forces affecting rental pricing?
- What solutions are available to owners, renters and governments?
- What are the consequences of excessiveley high rents?