House rents are now down 5% on last year’s pace
A couple of months ago, the headline was “Rents are down 5%.
Now they’re down 2%!”
But that headline didn’t describe the situation in the rental market, and if you’re looking for the full story, the short version is this: For the last two years, there has been a dramatic decline in rents in the US.
It started in the summer of 2018, when the first of the year’s two waves of economic calamity hit.
The recession hit at the same time as the US economy was starting to grow again, and with it came a glut of inventory in many areas of the country, many of which were being used to house more and more workers.
In the process, the number of people renting out their homes began to drop.
This year, the first wave of the economic recession hit again in late 2018, but this time, it was the result of a broader economic slump.
The Great Recession, like the Great Depression, hit hard.
The economy suffered from an enormous housing bubble, with home prices surging to astronomical heights.
Some homeowners got their mortgages restructured, and other homeowners received lower payments from banks that had lent them money.
And many people lost their jobs as a result of the recession.
It was the biggest recession since the Great Recession in the 1920s.
And, in the years following, the US experienced a massive increase in unemployment, which has continued to rise and that is putting pressure on rental housing.
Some of the most affordable rental housing, however, were left behind as well, because many of the workers who could afford to buy them have been let go or were laid off.
As a result, rental prices in the United States have continued to fall.
In 2019, they were down 5.7%, down from 7.3% in 2019, and the lowest since 2014.
The problem for renters is that while rents are down, the housing supply has been on a steady decline.
This is because the rental housing stock has become more expensive and that means it is becoming increasingly difficult for renters to get affordable homes.
Many of these people are renters themselves, who are now looking for ways to save more for their next move.
They can do this through renting out apartments or houses to other people who are looking to buy.
And this has led to some real estate prices falling as well.
Some have also taken to Airbnb, which is a website where people can rent out their rooms to other users.
But it is important to note that while some of these new Airbnb rentals are being done by people who could normally afford to rent their home, the vast majority of Airbnb rentals in the country are made by non-residents.
That means that even though rents have been falling, the supply of rental housing has remained stagnant.
And as a consequence, many renters are having to pay more for rent in order to stay in their homes.
The US economy is in the midst of a historic recession, and it is going to take a long time for the housing market to recover.
If you want to get a better idea of the situation, the chart below shows that for the year ending December 31, 2018, the average rent in the entire US was $1,082.
So while it is down in the last year, it is still above the median rent in every state, the national average, and even in the city of Miami, which had the largest increase in rent over that period.
This chart also shows that rents are up for some states.
New York is the largest rental market in the nation.
And while rents have continued falling, in many other states they have also dropped.
The biggest fall in rent occurred in Florida, which experienced the largest drop in rental housing supply of any state.
Renting prices in Florida dropped by 12% compared to the year before.
And the biggest drop was also found in New York, which saw the largest decline in rental prices of any city in the world.
The fact that rent is down is not a good thing.
It means that many people are living in situations where they can no longer afford to live, but are choosing to stay with their existing homes.
But that isn’t necessarily good news.
Some people are choosing not to move at all, or to rent in places that are more affordable, but many people don’t realize this until they move.
So if you are a renter and want to keep renting in your home, you should start with a safe plan that has your financial resources covered, and also be prepared to be ready for a decline in your rental income in the future.
And if you can afford to stay, you need to do everything you can to stay on top of this trend.
The bottom line: The housing market in this country has been suffering for a while now, and this year, its going to be even worse.
But if you want a safe and secure place to live and raise your family, you will need to keep on top with the right plans to