US rents surge, leaving behind generation of younger workers ...Middle East

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US rents surge, leaving behind generation of younger workers
THE cost of renting a home in the United States is surging and young workers have felt the sharpest pain, many of them taking on additional jobs or roommates to afford housing costs.Household rents in 2021 jumped 10% from pre-pandemic levels, according to Census Bureau estimates released last week. The figures came as rising healthcare and rental costs pushed US consumer prices up unexpectedly last month.The data from the bureau's annual American Community Survey put median US rent at $1,037 in 2021, up from $941 in 2019. Year-over-year increases in the median household rent over the past decade were typically 2% or 3% - one exception was the 5% rise from 2018 to 2019.Among those affected mo

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