Rents Are Still Higher Than Before The Pandemic — And Assistance Programs Are Drying Up
Jan. 9, 2023, at 6:00 AM
Cleveland is one of the poorest cities in the country. It’s far from the expensive coastal cities like New York City and San Francisco, where astronomically high rents are common. Cleveland doesn’t fit the stereotype of a city people want to move to; in fact, it has been losing population since the 1950s. But since 2020, there have been some wild fluctuations in the rental market. Even in many cities that had previously been affordable, rents keep getting higher, stretching more families’ budgets and spreading a largely coastal problem to nearly every part of the country.
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Originally posted on: https://fivethirtyeight.com/features/rents-are-still-higher-than-before-the-pandemic-and-assistance-programs-are-drying-up/