Rent Prices Continue To , Soar in the United States.
CNN reports that in April, rent prices in
the United States reached new heights,
and experts say they will not stop there.
For the month, the median rent in the U.S.
was $1,827, up 16.7% from the year prior.
According to a recent report from Realtor.com, average rent prices in the country could be
over $2,000 per month by August.
Real estate experts believe the surge in rent prices is due to a lack of supply and increased demand.
Renters are being left with few options but to meet higher rents and, in some cases... , Danielle Hale, chief economist for Realtor.com, via CNN.
... even offer above
[the landlord’s] asking price –
whether they can afford to or not. , Danielle Hale, chief economist for Realtor.com, via CNN.
Some cities in the United States
have experienced jaw-dropping
increases in rent prices.
For example, in Miami, Florida, the
median price of a rental is $2,800.
That is a $950 increase from 2021.
Rents are not only maxing out renters’ housing budgets, but
are the biggest strain on their overall finances... , Danielle Hale, chief economist for Realtor.com, via CNN.
... even as inflation drives up expenses across the board. , Danielle Hale, chief economist for Realtor.com, via CNN
Credit: Wibbitz Top Stories Duration: 01:30Published
‘BMF’ star Lil Meech allegedly stole a $250,000 Richard Mille watch and got caught ... leading to his arrest for grand theft. The 22-year-old actor/rapper --.. TMZ.com
Travis Scott To Perform Publicly , for First Time Since Astroworld Tragedy.
Travis Scott To Perform Publicly , for First Time Since Astroworld Tragedy.
'TMZ' reports Scott is set to headline at E11EVEN in Miami on May 7.
'TMZ' reports Scott is set to headline at E11EVEN in Miami on May 7.
The show is part of Race Week, where a
Formula One Grand Prix will also be taking place.
The show is part of Race Week, where a
Formula One Grand Prix will also be taking place.
'TMZ' reports the
show has already
been sold out.
Tickets reportedly ranged from $150 to $250.
Tickets reportedly ranged from $150 to $250.
$100K VIP tables are also available.
Prior to headlining this show, Scott had been performing at small gatherings such as a pre-Oscars party and a Coachella afterparty.
Prior to headlining this show, Scott had been performing at small gatherings such as a pre-Oscars party and a Coachella afterparty.
After 10 people died at his Astroworld
Festival in November 2021, Scott received
backlash for continuing to perform.
After 10 people died at his Astroworld
Festival in November 2021, Scott received
backlash for continuing to perform.
He's still a defendant in several lawsuits but seemingly wants to try to make a comeback with his musical career.
He's still a defendant in several lawsuits but seemingly wants to try to make a comeback with his musical career.
Time will tell if the public will
give him another shot.
Time will tell if the public will
give him another shot.
but the fact that his upcoming show is already sold out seems promising for the rapper.
but the fact that his upcoming show is already sold out seems promising for the rapper
Credit: Wibbitz Top Stories Duration: 01:30Published
Census Reveals , Significant Exodus
From Metro Areas , During 1st Year of Pandemic.
Census data reveals that hundreds of thousands of residents of the largest U.S. metro areas...
... have opted to create new lives in
smaller cities throughout the country.
The migration occurred from 2020 to 2021.
According to AP, New York experienced the most significant amount of departures, .
with close to 328,000 people
leaving the city.
Nearly 176,000 people left Los Angeles. .
More than 116,000 people
moved out of San Francisco.
Over 90,000 residents left Chicago.
Tens of thousands of people vacated
Miami, Boston and Washington, D.C., as well.
Cities such as Phoenix and Dallas saw the greatest influx of residents, with 97,000 and 78,000, respectively.
Cities such as Phoenix and Dallas saw the greatest influx of residents, with 97,000 and 78,000, respectively.
Micro areas — defined as having a population of less than 50,000 people — also experienced an influx.
Demographers cite low immigration due to the pandemic as a cause, and speculate that the shifts may be temporary.
There is clearly a dispersion,
but I think it’s a blip, Demographer William Frey, via AP .
We’re at one of the lowest levels of immigration in a long, long time, and that affects big metros like New York, Los Angeles and Chicago. That is going to come back. With the natural decrease, we will go back to normal, Demographer William Frey, via AP
Credit: Wibbitz Top Stories Duration: 01:31Published
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