Adam Shapiro Discusses the Explosion in Rental Prices Nationwide

“The median rent in the 50 largest US metropolitan areas reached a new record high in April: $1,827. Rent has been steadily increasing since January 2021, following the general trend in housing prices and rebounding from a dip in the first year of the pandemic. The rental supply has been strained in recent months, as evidenced by the national rental vacancy rate holding below 6% in each of the last three quarters. Landlords with fewer available units are able to charge higher rents, and at the same time, for-sale home prices continue to climb. Today’s renters are left with few options but to pay these rising rents.”

According to YieldStreet.com, “Adam Shapiro has been in the news business since he was 17 years old. He has interviewed Presidents, chased serial killers, covered historic disasters like the tsunami that hit Japan, and picked up a few Emmy Awards along the way. While at FOX Business, he covered the Federal Reserve during the Great Financial Crisis which included covering the collapse of Bernie Madoff’s Ponzi scheme and interviewing Madoff in prison. Adam joined Yieldstreet as the head of content in February and has hit the ground running.”

The Price of Business is one of the longest running shows of its kind in the country and is in markets coast to coast. The Host, Kevin Price, is a multi-award winning author, broadcast journalist, and syndicated columnist. He is Editor at Large for this site.  Learn more about the show and its digital partners at www.PriceofBusiness.com.

CHECK OUT ADAM SHAPIRO’S VISITS ON THE PRICE OF BUSINESS SHOW HERE

VISIT SHAPIRO’S PAGE, WHICH INCLUDES HIS ARTICLES, AT YAHOO FINANCE

LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE