How to Handle The RISING Cost of Rent (And not Panic!)
The Personal Finance Podcast
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Why Are Rents Increasing?
The main issue here is supply and demand. We have not been building enough housing since the two thousand in a crisis because the millennial generation, which is the largest generation to date, is now establishing households. So we have a major supply problem here. And what also factors into that is that there are a lot of people looking to buy a house. This is creating a problems for your financial situation as this gap gets larger. But if you start thinking about these things now, maybe your rent and your lease is not due for another six, eight, ten, 12 months. That's why you have to take action... You really have to plan this out"
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