Business

Rents in cities across the US are more expensive than ever before. Here are 5 drastic measures people are taking to avoid rising housing costs

30 days ago   |   By Business Insider

Rent and housing prices in America's biggest cities are unaffordable for many residents.
It can take up to 10 years to save for a median-priced home in some places - which can be hard to do when the median US rent is $1,700.
People are living in basements , turning vans into homes, and commuting hours to avoid rising housing costs.
Visit Business Insider's homepage for more stories .
Rent in America's biggest cities is sky-high.
The current median US rent is $1,700 - nearly triple the $588 cost of rent in the 1960s , adjusted for inflation.
Rent is particularly a problem for the aspiring...
Read more ...

 




Police officer fatally shot at Missouri business after responding to report...

Police officer fatally shot at Missouri business after responding to report of bad check

He was with the department for about three months, police Chief John Buchannan said. Read more ...

NFL star Cam Newton reportedly tried to pay a fellow passenger $1,500 to...

NFL star Cam Newton reportedly tried to pay a fellow passenger $1,500 to switch seats with him on a flight, but was refused

NFL star Cam Newton reportedly tried to pay a fellow passenger $1,500 to switch seats with him on a plane. The quarterback was travelling in economy from Paris, France, to... Read more ...

Oil, gold, and bitcoin are jumping on Iran tensions before Trump reveals...

Oil, gold, and bitcoin are jumping on Iran tensions before Trump reveals 'major' sanctions, while stocks are mixed

Oil, gold, and bitcoin jumped on Monday ahead of Trump's reveal of "major" sanctions on Iran. Rising US-Iran tensions and a prolonged US-China trade war have lifted commodity... Read more ...

'Snow job': Palestinians reject economic portion of White House peace plan

'Snow job': Palestinians reject economic portion of White House peace plan

Palestinian officials on Sunday dismissed a $50 billion economic stimulus package unveiled by White House senior adviser Jared Kushner as a “snow job,” claiming the 40-page... Read more ...

President Trump says he never threatened to demote Fed chairman months after...

President Trump says he never threatened to demote Fed chairman months after White House team researched whether it's legal

President Donald Trump said in a "Meet the Press" interview on Sunday that he didn't threaten to demote Federal Reserve Chairman Jerome Powell . The White House counsel's... Read more ...

Trump said if he had 'one do-over' as president it would be choosing Jeff...

Trump said if he had 'one do-over' as president it would be choosing Jeff Sessions as attorney general

President Donald Trump told "Meet the Press'" Chuck Todd that if he had one do-over as president, it would be the nomination of Jeff Sessions as attorney general. Previously... Read more ...

Trump warns Iran of 'obliteration like you've never seen before'

Trump warns Iran of 'obliteration like you've never seen before'

President Donald Trump warned the United States may launch a devastating military attack on Iran unless it comes to the negotiating table and drops its bid to develop nuclear... Read more ...

Scottish people would vote to leave the United Kingdom if Boris Johnson...

Scottish people would vote to leave the United Kingdom if Boris Johnson becomes prime minister

Scottish people would vote for independence if Boris Johnson becomes prime minister. The frontrunner to become Conservative party leader woul trigger Scots to vote to leave the... Read more ...

Trump says he will delay ICE raids by two weeks to give lawmakers time to...

Trump says he will delay ICE raids by two weeks to give lawmakers time to 'work out a solution'

President Donald Trump announced Saturday that he was delaying planned Immigration and Customs Enforcement raids. Trump wrote on Twitter that he was pushing the raids back two... Read more ...

Jared Kushner Unveils Economic Portion Of Middle East Peace Plan

Jared Kushner Unveils Economic Portion Of Middle East Peace Plan

The “peace to prosperity” proposes a global fund of $50 billion for 179 infrastructure and business projects across Palestinian territories, Egypt, Lebanon and Jordan. Read more ...