Thursday, September 29

Tag: rents

Major rent surge pushing some Tampa residents toward homelessness: “It’s no different from a hurricane”
Business

Major rent surge pushing some Tampa residents toward homelessness: “It’s no different from a hurricane”

Tampa, Florida — Like any renter in Tampa, Kevida Gued knows it's a landlord's market. But the single mother of three's family needs an affordable three-bedroom fast, because their lease is ending Sunday. Gued told CBS News she's looked at more than 50 places and reached out to more than 200 "all over Tampa Bay, all over the state of Florida." On average, Tampa's rents ballooned 22% in the last year.Valerie Bannon's landlord in St. Petersburg hiked her rent by nearly 60% from $1,500 to $2,400 a month for a modest four-bedroom. Without options, the overnight auditor who is legally blind and earning under $20,000 a year moved her family into a hotel. A charity is paying the bill.  "It's no different from a hurricane or something disrupting your hou...