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Corporate landlords’ profits soar as tenants drown in rent hikes and fees

With monthly inflation down to its lowest point in more than two years and heading toward the Federal Reserve's target, the Biden administration on Wednesday celebrated "welcome progress."But an analysis from Accountable.US showed how more than 100 million people who rent their homes in the U.S. are not seeing the benefits of what one Biden spokesperson called "the great American comeback" in their housing costs, particularly millions of people …

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Common Dreams

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Corporate Landlords' Profits Soar as Tenants Drown in Rent Hikes and Fees

"Through-the-roof rent hikes based on greed—not need—have kept many Americans from getting ahead," said one advocate at Accountable.US.

1 year ago·United States

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anarchistfederation.net

Corporate Landlords’ Profits Soar as Tenants Drown in Rent Hikes and Fees

Yves here. Despite a very favorable CPI report, readers have continued to complain during the weeks going into the data release about inflation. Some experts contend that this unhappiness and stress is due to the past big price increases still...

1 year ago

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