It’s Not Just Home Prices; U.S. Rents Rise Sharply

Cities in Florida, New York and New Jersey are observing steep jumps in rent. Austin, Texas had biggest 1-12 months achieve, 40% hire in Orlando rose 30%.

MINNEAPOLIS – Previous yr, Laura Kraft landed a occupation in Orlando, Fla. She’d just gotten her Ph.D. in entomology, indicating she studies bugs, and she’d be doing work on a significant character show at a concept park. All that sounded great until eventually she commenced looking for an condominium.

“I began wanting at hire and was like, not sure if I was heading to consider the occupation,” she suggests. “The lease was so superior in Orlando. It truly blew me away.”

At first she seemed for a spot of her possess. But just about anything in her cost vary had a waiting listing at least 6 months extended. So she discovered a Fb group for topic park workforce seeking for roommates in get

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