Finding affordable and workforce housing continues to price many renters out of many parts of the U.S. But, a real estate expert has some advice to try and lower the price as costs skyrocket.
In Florida, Palm Beach County leaders have said that monthly rent is on the rise by as much as 50%. That scenario is playing out in some form in many areas of the country.
"We have a combination of extremely low inventory. You have high expenses. You have a booming population, low vacancy rates. It's just not a good time to be a renter," Seligman said."Palm Beach County, overall, I think is up 10% since last year," Seligman said."North County is up almost 24%."The conversation is also taking center stage among county leaders.
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