Real Estate

Rents are bouncing back. What to do if you expect a big increase

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Like many other renters during the pandemic, Trish DaCasta nabbed an apartment that she normally couldn’t afford.

The upgrade was a big one: She was able to leave the place she’d been sharing with roommates for more than five years for a studio of her own in a luxury building in downtown San Diego, with a gym and pool.

“It was amazing,” DaCasta, 36, said. “I’ve wanted to live alone since the day I graduated college.”

But the good times were tainted by the feeling they were only temporary.

And over the last few months, DaCosta, a Pilates instructor, has been seeing the open apartments in her building go for rents just as high, if not higher, than they were…



Source cnbc.com

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