:: The Boom Blog ::
Sunday | 04.06.2006
Okay, so very few of us can even begin to think about affording our home. And now, to add insult to the whole matter, the latest bit of news is that our rents are going up too, with an expected increase of 5.3% this year (double last year's) according the National Association of Realtors. Not to be dour or anything, but it seems that when one thing goes right (more jobs than ever for recent college grads) something else goes wrong. So while many college grads will have jobs this coming year, very few will be able to afford an apartment to go along with it. Here's where the crunch will be felt most:
- Fort Lauderdale
- New York
- Vegas
- OC
- Los Angeles