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NEWS ABOUT: rent

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French Get Dirty to Pay the Rent

Sex-for-accomodation on the rise in crashing housing market

(Newser) - France is in the throes of its worst housing crisis since World War II, which has led to some sordid dealings in some cities. With many young people unable to pay sky-high rents, landlords are offering apartments “for services”—usually sexual ones, the BBC reports. As homelessness and... More »

Given Rent Prices, Homes Still Too High

Expect another 15% drop if historical relationship holds

(Newser) - If rent prices are any indication, home prices aren’t done falling, according to one former and two current Federal Reserve economists. Annual rents have historically held steady at about 5% of home prices, but since 1996 home prices have left rents in the dust, the Wall Street Journal explains.... More »

Office Rents Soar in US

Companies are bearing the brunt of a price surge for commercial leases

(Newser) - The price of office space has surged nationwide due to a dwindling store of vacant commercial property and picky landlords increasingly keen on attracting well-heeled tenants. Across the country, leases spiked an average of 3.1% in the second quarter, following an increase of 2.8% in the first. More »

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