Why Is Your Rent So High?

26m ·

Why Is Your Rent So High?

The price of everything is going up, but few things have risen as fast as rent. The rule of thumb used to be that housing shouldn’t eat up more than a third of your paycheck. But these days, a lot of people are handing over half or more of their income to the landlord. Why has rent climbed so high so fast–and is there any end in sight?

Real estate reporter Prashant Gopal joins this episode to explain how we got here–and offers a dose of cautious optimism for renters. And Neil Callanan, who covers corporate finance, gives a broader view of the consequences of turmoil in commercial and housing markets around the world.

Learn more about the story here: https://bloom.bg/3whXo66

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Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

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  • ludi2

    Great episode loved 12:30 the most good interview

    ·2 likes·
    Jasmin

    Going back trough all the episodes, amazing podcast

    4 months ago·3 likes·
  • Lisaa

    The part where he mentions that he wants to be adopted by a more functional family even at 45 yrs really hits home. Really delineates how no matter how old and independent you are, you still need love and support.

    ·9 likes·
    Josh

    This one really hits home

    4 months ago·1 like·
  • Mario

    The part where he mentions that he wants to be adopted by a more functional family even at 45 yrs really hits home. Really delineates how no matter how old and independent you are, you still need love and support.

    ·2 likes·
    Roober54

    6:00 who is the intro sooo long 😂

    4 months ago·3 likes·
    Daisyee

    “You have thousands of mintues of work.”

    4 months ago·1 like·
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