Tag: rents
Rents rise £221 a month in three years, analysis suggests
The monthly cost of renting a home has risen by £221 in three years, according to property portal Zoopla. The BBC has heard how the pressure has led to some tenants making decisions about jobs based on rent in the area, and parents who are helping their grown-up children with living costs. The increase is…
Justice Department accuses 6 major landlords of keeping rents high
By The Associated Press DENVER — The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high by using both an algorithm to help set rents and privately sharing sensitive information with their competitors to boost profits. The lawsuit arrives as U.S. renters continue to struggle under a merciless…