rents
Coverage of rents in the Nexus archive.
- Biden’s illegal immigration surge triggered 30% rise in home prices, $ 20% in rents, Fed paper finds
A Federal Reserve paper found that a surge in unauthorized immigration under Biden correlated with a 30% rise in home prices and a 20% increase in rents. Each 1% increase in unauthorized workers corresponded to a 2.2% rise in home prices and a 1.4% increase in rents.
- How do we save the wilting new homes market?
The new homes market is struggling, requiring government intervention to assist developers and prevent further unaffordability of houses and rents.
- The extreme lengths young women are going to in New York City to survive as rents soar
Young women in New York City are taking extreme measures to survive as rent prices soar, highlighting the challenges of rising housing costs.
- The SF Fed chief has two words she won’t say about the AI boom
Mary C. Daly, the SF Fed chief, warns against economic extremism as rising rents and layoffs in the tech sector impact the city. She avoids commenting on the AI boom, focusing instead on economic challenges.
- Californians fleeing to red states are driving up home prices and rents in their new cities, data shows
Californians relocating to cities like Nashville, Dallas, and Phoenix are driving faster increases in median rent and home prices in those cities compared to Los Angeles, according to a Los Angeles Times report. While all 10 top destination cities saw higher cost-of-living increases between 2020 and 2025 than Los Angeles, they remain more affordable overall. Zillow data showed mixed results, with only some cities exceeding Los Angeles' housing price growth.
- San Francisco rents spike amid AI boom, new report shows
Rents in San Francisco have increased nearly 22% amid the city's artificial intelligence boom, according to a new Zumper report. This surge outpaces national rent trends for the first time in the city's history.
- Hong Kong home prices reach 30-month high in April, while rents set another record
Hong Kong's private home prices hit a 30-month high in April, rising for the 11th consecutive month with slower growth compared to March. Rents also reached a new record, and analysts predict continued price improvements in primary and secondary markets due to growing buyer confidence.
- Landlords rush to evict tenants and raise rents before new rules come into force on 1 May
Landlords are evicting tenants and increasing rents ahead of new regulations set to take effect on May 1. The rush is driven by fears that the upcoming rules will limit their ability to raise prices or evict renters.
- Rents DIDN'T rise at the start of this year for first time in almost a decade: What do tenants now pay in your area?
For the first time in nearly a decade, rents did not increase at the start of the year. This marks a significant shift in the housing market trend.