this post was submitted on 18 Jul 2023
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cross-posted from: https://lemmy.ca/post/1678577

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[–] [email protected] 14 points 1 year ago

Its not just big metros that are having rental market crisis. My hometown has a monthly 9% increase in the cost of apartment rentals and has for months now. And we're far from a metro of any kind. Apartments that went for 600/month in 2021 are going for 1500 or more a month now. And a lot of currently available units are even worse off than that.