Where Renting Thrives And Dives: Cities Ranked From Best To Worst For Renters As Economic Pressures Mount [Yahoo! Finance]
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Source: Yahoo! Finance
last week found wide disparities in rental viability and ranked cities based on rental affordability and availability. Newark, New Jersey, was ranked the worst city for renters for the second consecutive year, due in large part to an increase in rental costs and a scarcity of available units. The city saw the steepest hike in rental prices nationwide, with an increase of $250 over the last year. It also suffers from a dearth of rental options, with available units numbering just 8.5 per 100,000 households. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever. Meanwhile, Lincoln, Nebraska, was ranked the best city for renters. In Lincoln, the median rent is $1,225, well below the national
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