The Coming Rental Crisis

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it is pretty easy to say that when you are not out on the street. Where I live, the average job for a low income person is $8.00/hour of back breaking work. The average one bed-room apartment here is $600.00 a month unless you want to live in a roach infested, crime ridden, broken down place.

Evelyn of VA 10:25PM November 20, 2009

I rented a house in Anthem, (Henderson, NV) from Aug 05 to Oct. 06, approx 14 month. My rent was $1200/month. Now it seems those houses are asking $1500. That is quite an increase. Where can I still get $1200/month as we are thinking of moving back to the L.V. area.

Jay of PA 2:11PM June 22, 2008

Whenever the economy even appears to turn down, articles like this pop up all over the place. 30% of US citizens are renters. The rental markets are not about to go through any major upheaval, in fact, when the economy turns down, rental prices drop.
This has happened in every single recession.
Mexicans who rent low income housing are returning to Mexico in droves as employment opportunities dry up and the dollar shrinks. There is plenty of low-income housing. If the Government would stop meddling in markets with ill-advised programs like rent-assistance and Section-8, rental prices would be even more affordable.

Santiago 1:43PM May 02, 2008