Most expensive rental zip codes

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38% of People Who Already Voted Say Housing Affordability Impacted Their Presidential Pick link

• The economy was the top concern for early voters at 63%, with inflation (59%) and democracy protection (56%) following closely. These issues ranked higher than housing affordability, which was only considered by 38% of early voters.

• Housing affordability impacted local elections more, with 40% of voters considering it in local races compared to 38% in the presidential pick. Crime and safety were prioritized at 50% for local elections, followed by the economy and inflation.

• 32% of respondents believe mortgage rates would fall if Trump wins, while only 23% think rates would drop under Harris. However, 25% to 26% of respondents were uncertain about the mortgage rate impact under either candidate.

U.S. markets to watch with increasing office operating expenses link

• San Antonio, TX experienced the most substantial rise in operating expenses, with a 10.4% increase in total operating expenses and a 4.7% rise in operating expense ratio. This is notably higher than the 50 largest MSAs' average increase of 4.6% in total operating expenses.

• Rising property taxes in San Antonio, driven by increasing property valuations, have been a major factor, as Texas lacks income tax and relies heavily on property tax. Costs for repairs and maintenance, including HVAC and elevator servicing, have also seen significant inflation.

• A government office building in San Antonio, part of the NGP V GSA Portfolio, saw its operating expenses increase by 35%, reaching $11.82 per square foot in 2023, up from $8.73 in 2022.

1 in 3 Americans Want To Relocate If Their Presidential Candidate Loses link

• About 34% of Americans are considering moving if their preferred presidential candidate loses, showing a strong link between political preferences and real estate decisions. The survey covered responses from 2,955 participants, reflecting a wide demographic.

• Harris supporters worry about issues like a national abortion ban (54%), racial inequality (53%), and potential rollback of progressive rights (52%). Trump supporters focus on inflation (72%), economic challenges (59%), and border policies (55%).

• Despite relocation considerations, only 3% of respondents definitely plan to move, while 62% cite financial limitations as a primary barrier. Emotional ties and job stability also deter relocation decisions.

Inflation is down — but the middle class is still feeling financial pressure. Here’s why link

• Inflation has slowed to 2.4% as of September, but prices remain high across many categories. Consumers are feeling relief only in the form of slower price increases, not reductions in costs.

• Sixty-five percent of middle-class Americans report ongoing financial struggles, with many not expecting improvement in their lifetimes. For some, like a Pensacola mother of three, this has meant living paycheck-to-paycheck with minimal savings.

• Housing, child care, and health care are major expenses straining middle-income families, with 75% cutting back on non-essentials. Saving for the future remains a challenge, with 73% finding it difficult to set aside any money.

Lower Manhattan dominates list of most expensive rental zip codes link

• Rental demand is sustaining high rates across the US, with median one-bedroom and two-bedroom rents still $300-$400 higher than four years ago. The Zumper National Rent Index showed a slight increase in one-bedroom rents in October, reaching $1,534, while two-bedroom rents dipped by 0.1% to $1,910.

• New York City continues as the priciest rental market, with a one-bedroom average rent of $4,500, marking a 6.1% yearly rise. Jersey City and San Francisco follow, with median rents at $3,230 and $3,110, respectively, showing slight monthly variations but annual increases.

• Minneapolis renters are experiencing relief, as one- and two-bedroom rents have fallen by over 9% this year. Increased inventory, with more than 11,000 new units added, has softened rent prices in the area.

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The Barbie house without any doll room

Link to the listing

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Vidit

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