Skyrocketing rent prices are making it difficult for many families to save for a home.
This comes as inflation hits another record high with surging consumer prices for gas, groceries and rent.
Housing experts say there are millions of vacant homes and lots nationwide on top of a current housing shortage. Experts say one policy solution involves creating more land banks, which are public groups that work with neighborhoods to turn rundown lots into quality homes.
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US inflation surges again in June, raising risks for economySurging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike by the Federal Reserve, with higher borrowing costs to follow.
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NYC sues 'illegal' Airbnb operator under new law governing short-term rentalsThe first-of-its-kind lawsuit comes amid a housing crisis in NYC.
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US inflation reached a new 40-year high in June of 9.1%Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, a 9.1% jump over last year.
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US inflation reaches 9.1% in June, a new 40-year highSurging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike.
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Inflation hits another 40-year high, a senator accused of transphobia, and more trending topicsSurging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, Republican Sen. Josh Hawley of Missouri was accused by a law professor of engaging in a line of transphobic questioning. Get that and…
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