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Bidenflation Runs Hot Sending Rents Soaring Across the Country
Breitbart ^ | 02/21/2022 | Simon Kent

Posted on 02/21/2022 7:28:37 AM PST by ChicagoConservative27

First gas, then heating and now rents. Runaway inflation is driving rents skywards across Joe Biden’s America, delivering an average of a 20 percent increase in the U.S.’s biggest 50 cities over the past 12 months, a study details.

At the same time, U.S. Census Bureau statistics show rental vacancy rates during the fourth quarter of 2021 fell to 5.6 percent, the lowest since 1984 in the the world’s largest economy.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bidenflation; country; rents; soaring
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But let's print more money!
1 posted on 02/21/2022 7:28:37 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Saw a guy in a supermarket last week he was looking at margarine and he said last time he bought some it was $3.99 and now how did it get to $7.99 , I said Biden


2 posted on 02/21/2022 7:31:50 AM PST by butlerweave
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To: ChicagoConservative27

Paid almost 4 bucks for HALF a loaf of pumpernickel bread from the bakery.

My monthly “big shopping” used to result in a brimming cartful for $200 or so. Now, $200 fills barely 3/4 of it.


3 posted on 02/21/2022 7:36:10 AM PST by P.O.E.
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To: ChicagoConservative27

Yep, folks will be living in their cars before this is over. The Great Depression 2.0 is coming soon.


4 posted on 02/21/2022 7:44:00 AM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: ChicagoConservative27

MASHA

Make America a Shite Hole,Again.


5 posted on 02/21/2022 7:45:18 AM PST by Leep (Freedom: "What's the big deal" -joe biden)
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To: ChicagoConservative27


McMillan 2024!
6 posted on 02/21/2022 7:46:10 AM PST by dfwgator (Endut! Hoch Hech!)
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To: ChicagoConservative27

... and import millions of more people.


7 posted on 02/21/2022 7:49:05 AM PST by BookmanTheJanitor
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To: ChicagoConservative27

In order that our overlords can enrich themselves even more.
You must become a serf.
It’s for their greater good.


8 posted on 02/21/2022 7:49:07 AM PST by Leep (Freedom: "What's the big deal" -joe biden)
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To: ChicagoConservative27

Gee, I wonder if the millions of illegal aliens that Biden has allowed into the USA has caused this shortage of rental units?


9 posted on 02/21/2022 7:51:21 AM PST by Presbyterian Reporter
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To: ChicagoConservative27

Let build zillions more apartments for Section 8 and homeless - government will subsidize it all (as is happening on the outskirts of my California town).

Never mind we are in “extreme drought” conditions - none of those new units nor the construction used to build them - need water.


10 posted on 02/21/2022 7:53:17 AM PST by Bon of Babble (Rigged Elections have Consequences)
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To: ChicagoConservative27
Inflation and shortages, the Venezuelan pas de deux.

Might a few mil illegal aliens per year add to the housing demand (thus housing shortage thus rent increases)?

11 posted on 02/21/2022 7:55:47 AM PST by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston Churchill)
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To: ChicagoConservative27

Also, change the zoning laws in every city - as has happened in California - allowing up to four units on each lot formerly zoned for single family homes. If it’s near a “transit corridor” (my guess is within 50 miles of a freeway) - up to 10 units are allowed.

No need for single family neighborhoods any longer! That’s where White Supremacy is allowed to foment.


12 posted on 02/21/2022 7:56:25 AM PST by Bon of Babble (Rigged Elections have Consequences)
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To: dfwgator

And it only took 6 posts to see that image. LOL!!!!!


13 posted on 02/21/2022 7:58:32 AM PST by al_c (Democrats: Party over Common Sense)
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To: butlerweave
We all should print the following note and place in our supermarkets.

Like these higher prices? Be sure to thank Joe Biden!

14 posted on 02/21/2022 7:59:08 AM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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To: Presbyterian Reporter

Yep...Democrat voters wanted this.

15 posted on 02/21/2022 8:01:34 AM PST by BookmanTheJanitor
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To: ChicagoConservative27

It’s what biden’s voters voted for. They are happy and want more


16 posted on 02/21/2022 8:03:59 AM PST by no-to-illegals (The enemy has US surrounded. May God have mercy on them)
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To: Presbyterian Reporter

“Gee, I wonder if the millions of illegal aliens that Biden has allowed into the USA has caused this shortage of rental units?”

It must be something like that because owner expenses never go up, they just make more and more money raising the rents for no reason. Utilities, taxes, repairs, supplies, insurance, all are much lower now, right?


17 posted on 02/21/2022 8:04:39 AM PST by SaxxonWoods ("If you see no reason for giving thanks, the fault lies in yourself." - Minquass)
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To: ChicagoConservative27

rents follow housing prices, housing prices follow new housing prices, new housing prices follow building materials prices, building materials prices follow inflation, inflation is caused by out-of-control government spending/borrowing, Democrats cause out-of-control government spending/borrowing ... no one could have possibly predicted Democrats would cause rent increases, right?


18 posted on 02/21/2022 8:04:58 AM PST by catnipman (Cat Nipman: In a post-covid world, ALL "science" is now political science ...)
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To: ChicagoConservative27

God help the landlords that are under progressive counties and cities control.


19 posted on 02/21/2022 8:07:04 AM PST by George from New England
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To: George from New England

h3ll with them! They probably voted pedo joe too!


20 posted on 02/21/2022 8:21:04 AM PST by bantam
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