Rents continue to rise, but wages for many aren't keeping pace.
Rents continue to rise across the San Antonio area and nationally, but wages for many aren’t keeping pace.– Rents continue to rise across the San Antonio area and nationally, but wages for many aren’t keeping pace.“I have to be careful, like, how I buy my groceries and how I manage to pay my other bills,” she said.
That’s creating a challenge for tenants like Eric Hernandez, whose rent also went up about $100 over recent months. How much are San Antonians paying? The average for a two-bedroom apartment is $1300, a 14% increase over the past year, according to“We’re seeing two-, three-, four-hundred dollar increases,” said Jennifer Gonzalez, executive director for Alamo Community Group.
Their newest complex is Museum Reach Lofts, and it’s already full, and so are all of their buildings.“They’re moving back in with parents,” she said. “We see a lot of doubling up. In some instances, we’re having to give referrals to Haven for Hope or to some of the other shelters.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walker to Pay Past Due Rents to Stop 'Rev Warnock from Evicting' Tenants.HerschelWalker has pledged to pay past due rents to stop Sen. Raphael Warnock from evicting tenants who live in a building his church owns in Atlanta, Georgia.
Read more »
Silicon Valley R&D space market mixed in Q3, with availability rising - Silicon Valley Business JournalSilicon Valley's R&D market — relatively strong throughout the pandemic — is showing signs of cooling off. CRE R&D SiliconValley
Read more »
Signs of a slowdown in rent hikes but costs remain highIn September, overall housing rents were 7.8% higher than a year earlier, according to Realtor.com.
Read more »
Silicon Valley R&D space market mixed in Q3, with availability rising - Silicon Valley Business JournalSilicon Valley's R&D market — relatively strong throughout the pandemic — is showing signs of cooling off. CRE R&D SiliconValley
Read more »
JLL, Kidder Mathews show rent and sublease growth in third quarter Phoenix office reports - Phoenix Business JournalClass A office properties continue to command high rents as tenants ponder a flight to quality in Phoneix.
Read more »
'Rent Is Too Damn High': Biden Pressured to Act as Housing Costs Fuel Inflation'Biden can fix it by doing everything in his power to regulate rents and stop landlords from profiteering off this inflation crisis,' said Tara Raghuveer of People's Action.
Read more »