Everyone fled big cities during the pandemic. So why is your rent still so damn high?

Tech Insider : Economy, Politics
An apartment building with individuals moving into empty rooms
If you're wondering why your rent is still so high, look no further than all the people who ditched their roommates over the past few years.

Tyler Le/Insider

Because people ditched their roommates

Republicans dismiss fears that their debt ceiling bill would make the housing crisis worse for 1 million families as 'scaremongering'

Tech Insider : Economy, Politics
Tents housing the homeless line a street in downtown Los Angeles, California on April 22, 2020, amid the novel coronavirus pandemic.
Tents housing the homeless line a street in downtown Los Angeles, California on April 22, 2020, amid the novel coronavirus pandemic.

Frederic J. Brown/Getty Images

The housing market is showing signs of a rebound as cancellations for homes under construction drop to levels last seen during the pandemic buying boom

Tech Insider
A Floridian home for sale.
A Floridian home for sale.

Getty Images

An explosion of hidden 'junk fees' is making every home more expensive

Tech Insider : Economy, Politics
giant broker holding a house in one hand and holding a buyer in the other, shaking him as money falls out of his pockets
Many brokerages are tacking on an extra fee that has divided the real-estate industry and stoked fury among consumer advocates, who call it a blatant cash grab.

Getty; Marianne Ayala/Insider

10 Things in Tech: The end of coding as we know it, why the 4-day workweek works, and wild Kittyhawk designs

Tech Insider

Hello, readers. Hallam Bullock here, Insider's newsletter editor, reporting from London.

When we caught up last week, I asked to hear your thoughts about a CEO who appeared to laud an employee who sold their family dog in order to meet expectations at work. 

Lumber prices fall toward multi-year lows as pending home sales slump and industry searches for supply balance

Tech Insider
lumber store
A man loads pieces of two-by-four wood onto his cart in the lumber section at a home improvement store on August 16, 2022 in Alhambra, California.

FREDERIC J. BROWN/AFP via Getty Images

The wild swings in US rental prices are finally easing as apartment rents stabilize around $1,500, listing service says

Tech Insider
Listings for apartment rentals in Miami, Florida, on the Zumper website.
Listings for apartment rentals in Miami, Florida, on the Zumper website.

Zumper

Half of households in New York City don't make the $100,000 or more needed to afford living there

Tech Insider : Economy, Politics
Easter food distribution with Food Bank NYC at Queensbridge Houses on April 04, 2023 in Queens, New York.
Easter food distribution with Food Bank NYC at Queensbridge Houses on April 04, 2023 in Queens, New York.

Ilya S. Savenok/Getty Images

A Michigan couple paid off their $200,000 mortgage in 4 years. They broke down how they did it to find financial freedom and build up their kids' college funds.

Tech Insider

Hill Family Spring 2018 (95) (1)
Andy and Nicole Hill, who paid off their mortgage in four years, with their two kids.

Courtesy of Andy Hill

Americans are still moving to Florida. They might regret it.

Tech Insider : Economy, Politics
Fort Lauderdale, Florida.
Fort Lauderdale, Florida.

Philipp Walter/EyeEm via Getty Images

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