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Apartment Construction in 2020 at 5-Year Low Nationally, Down 12% from Previous Year
Anybody pay their rent using the rentcafe platform? Does it suck for you guys as much as it does for me?
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SAN JOSE, Calif. — Two cats are living large at a $1,500-a-month studio apartment their owner rents for them in Silicon Valley, where a housing shortage has sent rents skyrocketing.
The Mercury News reports the 20-pound (9-kilogram) cats named Tina and Louise moved to the studio in San Jose after their owner moved away to college.
The student’s father, Troy Good, was unable to keep them and asked friend David Callisch to rent him the kitchen-less studio so he could keep his daughter’s beloved cats.
The newspaper reports Good and his cats got a decent deal because an average studio apartment in San Jose rents for $1,951 a month, according to RentCafe.
Callisch says he feels bad wasting valuable living space on animals during a housing shortage, but he wanted to help a friend.
Jan 15, 2019 – 7:15 PM PST
Information from: San Jose (Calif.) Mercury News, http://www.mercurynews.com
 Silicon Valley Landlord Rents $1,500 Studio To 2 Cats SAN JOSE, Calif. — Two cats are living large at a $1,500-a-month studio apartment their owner rents for them in Silicon Valley, where a housing shortage has sent rents skyrocketing.
Millennials will spend 45% of income on rent before age 30!
Millennials will spend 45% of income on rent before age 30!
Most rent burdened generation March 26, 2018 Kelsey RamÃrez 1 Comment KEYWORDS HOMEOWNERSHIP INCOME MILLENIALS RENTCAFE RENTING As rent prices continue to rise, a new study shows Millennials are paying about 45% of their total income toward rent, and pay out close to $100,000 toward rent before they turn 30. Analyzing U.S. Census Bureau data going back as far as 1974, a new study from RentCafé…
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