Millions of Americans on the Verge of Becoming Homeless
Rising rents in many cities of America are forcing millions of people to move; the average rent across the country rose by almost 14 percent last year.
Rents are surging dangerously in America
A real estate firm, Redfin, indicated rents increased by as much as 40 percent in bigger cities like New York, Austin, and Miami, which forced the masses to leave their areas.
To add insult to injury, the Federal Reserve Bank of New York issued a report last month, indicating Americans believe these prices will continue to rise by almost ten percent this year.
Likewise, a lot of local rent freezes and moratoriums have expired, which paved the way for this increase.
https://thedailybeat.org/millions-of-americans-on-the-verge-of-becoming-homeless/