Rents in New York are rising 7 times faster than wages, report says | Top Vip News

[ad_1] Rents in New York City are rising seven times faster than wages, making it difficult for low- and middle-income residents to find affordable housing, according to a new market analysis. Economists at rental listing platforms Zillow and StreetEasy found that the huge gap between median rent and median wage increases in New York City … Read more

Gurugram: Virat Kohli rents office spaces at Reach Comercia for Rs 8.85 lakh per month | Top Vip News

[ad_1] In a recent development, cricketer Virat Kohli has reportedly leased 18,430 sq ft of office space in Gurugram to corporate firm Mynd Integrated Solutions. According to documents accessed by CRE Matrix, a real estate data analytics company, the annual rent for this space amounts to Rs 1.27 crore. According to documents cited by money … Read more

Rents are moderating. So why doesn’t that show up in the inflation data? | Top Vip News

[ad_1] The Federal Reserve may have a housing problem. At the very least, you have a real estate conundrum. Headline inflation has decreased substantially over the past year. But housing has proven to be a tenacious and surprising exception. Housing costs rose 6 percent in January from a year ago and rose more rapidly on … Read more