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The Audio PostsOctober 5, 2022 2:47 pm

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Audio Review

The Rental Market Is Wild Right Now

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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 — increasing the pressure to rent. NPR’s Jennifer Ludden reports that competition is so intense, some people find themselves in bidding wars.

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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.

In participating regions, you’ll also hear a local news segment to help you make sense of what’s going on in your community.

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