Rent skyrockets in major cities across the U.S., families now living in closet sized spaces
Grant J. Kidney — Today I signed the lease for a small, cubicle like apartment that is just slightly larger than a port-a-potty. The monthly rent goes for $515 and I’ve got to cover the utilities.
Before the financial collapse of 2008, I had rented a pretty decent sized space for just $350 per month plus electric. I recently checked back on this place of mine out of mere curiosity. Post banker takeover, the apartment now rents for over six hundred smackers.
The truth is that as hyper inflation begins to set in, living costs are rising across the board. I remember a day when I could buy a jar of peanut butter for a dollar and some change. Now I’ve got to fork over about four or five bucks for some decent Jif!
As home ownership decreases across the United States, up to 34% of Americans now rent. In places like New York, actual closet sized spaces are soon to be passed off as apartment units. Of course the units in question are designed with but a single occupant in mind- but this has always been the plan of the bankers: break up the family and separate us all into our own, individual, Orwellian-like ‘cubes’.
Listen below as I rant concerning this very topic.