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Tag: Rent


What You Need to Earn to Rent a Decent One-Bedroom in America

Unsurprisingly, the “housing wage” is much higher than the minimum wage in much of the country.

Posted on Apr 26, 2014 READ MORE



The Insider’s Economic Dictionary: R Is for Rentier

Race to the bottom: A term for dog-eat-dog competition by which countries compete by cutting wage levels so as to produce in the cheapest market, not by raising wages and labor productivity.

Posted on Apr 14, 2014 READ MORE



See How the Irish Live

A looming social crisis in the Irish capital of Dublin has emerged out of a severe shortage of cheap rents, increased demand for housing and a dramatic slowdown in construction.

Posted on Jan 23, 2014 READ MORE


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Posted on Dec 3, 2013 READ MORE



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Spiraling Rents Squeeze the Nation’s Working Poor

Increasing rents and stagnating or decreasing household income have pushed more families into homelessness, even as overall homeless rates have declined. At the same time, the number of families paying more than half of their income for housing has increased 5.5 percent to 6.5 million.

Posted on Oct 23, 2013 READ MORE



i am real estate photographer (CC BY 2.0)

Nobel Prize-Winning Economist Says Buying a House Is a Bad Idea

If the housing crisis wasn’t enough to turn you off of buying real estate, listen to economist Robert Shiller: Houses are poor investments, and they pretty much always have been.

Posted on Oct 16, 2013 READ MORE



wilhemlja (CC-BY-SA 2.0)

Manhattan Rents Reach for the Sky

In spite of a still-bleak economy, the average cost of rent in Manhattan sits at an all-time high of $3,148 a month. And with a 1 percent vacancy rate and just over 2,200 rentals slated for construction this year, landlords will continue to dominate the market.

Posted on Apr 21, 2012 READ MORE



Americans Could Learn From Israel’s Tent City

Economic frustrations, particularly the high cost of rent, have breathed new life into the Israeli left. Residents of a tent city in Tel Aviv, constructed to protest financial woes, put Israel’s conservative prime minister on the defense, forcing him to announce a committee Sunday to look into reforms.

Posted on Aug 7, 2011 READ MORE



boc.ca.gov

Technical Difficulties Bring Luck to Calif. Workers

California’s outdated technical infrastructure has made 200,000 state employees very, very happy. After an injunction by the governor to cut workers pay to the state’s $7.25 minimum wage, the state controller has successfully argued that such pay docking would be impossible given the state’s outdated payroll computer system.

Posted on Jul 16, 2010 READ MORE



Flickr / The City Project

Saving Olvera Street

Culture and history matter, even if it costs money. Someone should tell that to the city of Los Angeles, which is raising rents on the merchant tenants of Olvera Street, a Mexican-heritage historical site downtown that is currently undergoing privatization.

Posted on Apr 16, 2010 READ MORE


Hezbollah Leads Lebanon Reconstruction

Hezbollah, flush with cash from Iran, has already begun the work of reconstruction in Lebanon, enhancing its reputation in the country.  Hezbollah?s leader, Sheik Hassan Nasrallah, promised a year?s rent to anyone who lost their home during the conflict, and hundreds of Hezbollah members have been spotted surveying and clearing damaged property.

Posted on Aug 16, 2006 READ MORE


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