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As the National Association of Homebuilders explains, native-born workers “remain reluctant” to go into construction trades, so much so that the share of immigrants in the industry reached its ...
Here’s why so many experts have kept expecting shelter inflation to fall—and the rent you pay in your city or town to approach something that seems reasonable again—and why they just don’t ...
The shelter category of the Consumer Price Index is made up of four components: rent, the rent equivalent for homeowners, lodging away from home, and homeowner's insurance. While reports show that ...
A total of 21.6 million households now spend more than 30% of pre-tax income on rent. Some households are even paying even up to 50% of earnings on apartments, per Harvard’s research.
Santa Ana, California, limits annual rent increases to 3% for any apartments built before 1995, which is below the state’s rent control cap of 5% plus local inflation.
September 24, 2005 – Hurricane Rita made landfall as a Category 3 hurricane on the Texas-Louisiana border with maximum sustained winds of 115 mph. Devastaing storm surge destroyed coastal communities in Cameron Parish such as Holly Beach, but only one person was killed throughout the state due to mass evacuations which were heeded in the wake ...
In fact, 31% of Gen Z live with a parent or family member because they can't afford to rent or buy their own place, a new survey of 1,249 U.S. adults from Intuit Credit Karma finds.
It made landfall on August 27, 2020 near Cameron, Louisiana as a Category 4 hurricane. Within Louisiana, the storm killed 33 people and caused around $17.5 billion in damage. [1] Laura brought extremely high winds that ripped roofs off houses and brought a storm surge of up to 18 feet (5.5 m) to areas in Cameron Parish.