Post
Topic
Board Economics
Re: Are short-term rentals to blame for the lack of housing?
by
MFahad
on 12/10/2023, 18:21:34 UTC
I think the rental price depends on the location, if we have the patience to find a cheaper house to rent then we can easily get it, I once worked in an area where the rent for a place was very expensive, but I was looking for a small road that was not far away and could get it at a very low price cheaper maybe only about 30% of the market price.

yes exactly the rental price depends on the area in which house is builded as well as on opportunities which are present in a house. I think inflation is so high that a small house has larger renting price therefore a common man cannot afford to live on rent.

Due to availability of job in certain area people often go towards that areas and also they prefer a better education system therefore living on rent become crucial for them. for minimum cost of renting one should not go towards expensive areas if they cannot manage it because just renting is not a thing but there are also lots of other expenses which should also be managed so try to reduces your expenses by completing your just your needs as wishes never ends.