USA Today Episodes Around July 5, 2023
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1:37Now PlayingEvictions are on the rise as rent goes up in US cities. What we know. | USA TODAY
Jul 5, 2023·4.5K views
July 5, 2023
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1:37Now PlayingRent increases are fueling a rise in evictions across the U.S. Here's how evictions can affect Americans.
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In New York − one of the country’s most expensive housing markets − the panel that sets rent rates for rent stabilized apartments last month approved increases of 3% for one-year contracts. Last year saw rent raised by a similar amount.
Rent increases anywhere lead to more poor people and struggling families being kicked out onto the streets, Carl Gershenson, the head of Princeton University’s Eviction Lab in New Jersey, told USA TODAY.
"Even 3% is going to hurt a substantial number of people," he said.
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