The Rental Market Is Wild Right Now
b'Listed rents are up 15% nationwide, and as much as 30% in some cities. At the same time, inflation and rising interest rates are pricing many buyers out of the housing market \\u2014 increasing the pressure to rent. NPR\'s Jennifer Ludden reports that competition is so intense, some people find themselves in bidding wars.
The red-hot rental market could mean that more people face the threat of eviction at a time when most pandemic-era protections have disappeared. Carl Gershenson, Project Director of the Eviction Lab at Princeton University, explains how being evicted makes it all the more harder to find a new place to live.
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