Why your rent will rise again this year
LOS ANGELES (AP) ― Living in an apartment? 推定する／予想する your rent to go up again.
Renting has gotten ますます expensive over the last five years. The 普通の／平均（する） U.S. rent has climbed 14 パーセント to $1,124 since 2010, によれば 商業の 所有物／資産／財産 tracker Reis Inc. That's four 百分率 points faster than インフレーション, and more than 二塁打 the rise in U.S. home prices over the same period.
Now, even with a 殺到する in apartment construction, rents are 事業／計画（する）d to rise yet another 3.3 パーセント this year, to an 普通の／平均（する） $1,161, によれば Reis. While that's slower than last year's 3.6 パーセント 増加する, the broader 上向き 傾向 isn't going away.
In this March 18, 2015 photo, 訪問者s arrive for the grand 開始 of Gibson Santa Monica, a new 高級な apartment building in downtown Santa Monica, Calif. The 普通の／平均（する） U.S. rent has climbed 14 パーセント to $1,124 since 2010, によれば 商業の 所有物／資産／財産 tracker Reis Inc. That?s four 百分率 points faster than インフレーション and more than 二塁打 the rise in U.S. home prices over the same period. (AP Photo/Richard Vogel)
"The only 救済 in sight is rents in the hottest markets are going to go up at a slower pace, but they're still going to go up," says Hessam Nadji, 長，指導者 戦略 officer at Marcus & Millichap, a 商業の real 広い地所 services 会社／堅い.
The main 推論する／理由: More people than ever are apartment 追跡（する）ing.
Young people who have been living with their parents are ますます finding 職業s and moving out. Rising home prices are 主要な many long-time renters to stay put.
In 新規加入, most of the new apartments coming on the market are 目的（とする）d at 豊富な tenants and carry higher-than-普通の／平均（する） rents. That's 特に true in cities where new buildings are going up in 都市の 核心 areas, which means 建設業者s need to recoup higher land and 開発 costs.
Consider Denver, where rents have 増加するd more than 5 パーセント a year since 2010 ― 9.2 パーセント in 2014 ― によれば Marcus & Millichap. Of the 9,400 new apartment 部隊s 追加するd last year, 23 パーセント were in 都市の 核心 areas.
競争 for apartments means renters are いっそう少なく likely to be able to 交渉する with landlords, or 勝利，勝つ 譲歩s such as a 解放する／自由な month's rent.
Here's a closer look at why apartment dwellers will probably see rents go up for a sixth straight year.
―MORE JOBS, MORE COMPETITION
During the last 後退，不況 many 労働者s who lost their 職業s moved in with 親族s or took on roommates. About 32 パーセント of U.S. adults were living with roommates or adult family members in 2012, up from 27.4 パーセント in 2006, によれば Zillow, an online real 広い地所 会社／堅い.
Stepped-up 雇うing has begun to 逆転する that 傾向. About 2.8 million more Americans have 職業s than 12 months ago.
"The 株 of young adults with 職業s has climbed in the past year, and that will help many of them move out of their parents' homes," says Jed Kolko, 長，指導者 経済学者 at online real 広い地所 会社／堅い Trulia. "Most of them will be renters first."
More people 争う for apartments helps 運動 rents higher. And 主要都市の areas with faster 職業 growth are 一般に seeing higher-than-普通の／平均（する） rent 引き上げ（る）s 同様に.
The three metro areas with the biggest 年次の 増加する in rent in January, によれば Trulia: Denver (14.2 パーセント), Oakland, California (12.1 パーセント), and San Francisco (11.6 パーセント).
職業 growth in each of those cities also （太陽，月の）食／失墜d the 国家の growth 率 of 2.3 パーセント over the 12 months ended in January. 雇用 grew 3.7 パーセント in Denver, 2.7 パーセント in Oakland and 4.5 パーセント in San Francisco.
―HOMEBUYING DELAYED
伝統的に, renting has been a stepping 石／投石する toward homeownership. When rents rise, tenants are 動機づけるd to buy sooner, 特に when 利益／興味 率s are 近づく historic lows, as they are now.
But these days, renters are taking longer to buy. The U.S. homeownership 率 ended last year at a 19-year low of 64.4 パーセント.
Between higher rents taking a bigger bite out of the bank account and はっきりと higher home prices, 可能性のある 買い手s are having more trouble saving for a 負かす／撃墜する 支払い（額） and qualifying for a mortgage.
And many millennials, or 18- to 34-year-olds, 簡単に prefer renting.
That's true for Alyssa Hankins, a marketing and social マスコミ strategist in Los Angeles. She moved in February to a newly opened コンビナート／複合体 where rents 範囲 from $2,325 for a studio to $5,920 for a two-bedroom 部隊. She wants to be able to move quickly if a 職業 適切な時期 comes up.
"It's いっそう少なく about affordability and more about 柔軟性," says Hankins, 29.
When renters stay put, より小数の apartments are 利用できる for new tenants, which in turn 運動s up rents.
―NEW APARTMENTS ARE PRICEY
Developers 追加するd 238,000 apartments 全国的な last year, a 14-year high, with another 210,000 推定する／予想するd this year, によれば Marcus & Millichap.
In theory, more apartment construction should help bring 負かす／撃墜する rents because landlords would compete for tenants. But 80 パーセント of new コンビナート／複合体s, Nadji 見積（る）s, are high-end 事業／計画（する）s 目的（とする）d at renters willing to 支払う／賃金 a 賞与金 for amenities like gourmet kitchens and concierge service.
How much of a 賞与金? The 普通の／平均（する） rent for apartments 完全にするd last year was $1,721. That's 46 パーセント higher than the 普通の／平均（する） apartment rent for older 部隊s, によれば Marcus & Millichap and data provider MPF 研究.
"There's very little new 供給（する） 存在 追加するd anywhere else," says Nadji, "so that's why there's so much 圧力 on rents and very little choice for the 普通の／平均（する） renter."
In this March 18, 2015, photo, 訪問者s 小旅行する an apartment at the Gibson Santa Monica, a new 高級な apartment building in downtown Santa Monica, Calif. The 普通の／平均（する） U.S. rent has climbed 14 パーセント to $1,124 si nce 2010, によれば 商業の 所有物／資産／財産 tracker Reis Inc. That?s four 百分率 points faster than インフレーション and more than 二塁打 the rise in U.S. home prices over the same period. (AP Photo/Richard Vogel)
