The housing market's biggest shocker: Your rent may actually fall this year

Tech Insider : Economy
An illustration of green branches reaching towards the center of the image. Each branch is filled with keys of different shapes and sizes.
The apartment market is "rapidly shifting in favor of renters," and that means tenants can expect lower rent and a lot of new perks.

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Tenants are finally gaining power in the housing market

A typical home in Vail, Colorado, is over $1 million, leaving workers with few living options. 4 people take us inside their housing crisis as home prices in tourist towns across the country spike.

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Downtown Vail Colorado at dusk
Vail, Colorado.

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Meet a 24-year old living with her parents who splurges on weekend trips, a Chanel handbag, and a Balmain jacket with all the money she'd spend on rent

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Anastasia Ricci in an orange dress wearing her $5,500 Chanel bag in front of the Metropolitan Museum of Art in Manhattan
Anastasia Ricci wearing her $5,500 Chanel bag in front of the Metropolitan Museum of Art in Manhattan.

Courtesy of Anastasia Ricci

We read the Biden administration's proposal to protect renters from discrimination and unwarranted rent hikes. Here are the 3 biggest takeaways.

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A "for rent" sign outside a house.

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