Rent declines in major U.S. metro areas signal tenants may be maxed out on how much income they can devote to housing
Economists have long said that renting and investing in the stock market is a better investment than owning a house, and in 2022 that could be especially true. WSJ’s Dion Rabouin explains. Photo illustration: Elizabeth SmelovApartment rents fell in every major metropolitan area in the U.S. over the past six months through January, a trend thatas the biggest delivery of new apartments in nearly four decades is slated for this year.
Renters with new leases in January paid a median rent that was 3.5% lower than they would have paid last August, according to estimates from listing website Apartment List. It was the first time in five years thata WSJ membership
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