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The Clark Howard Podcast

09.12.22 Rising Rents & The Rental Housing Outlook / Peer-To-Peer Car Rental - Pros & Cons

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 12 September 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Rents have increased dramatically in a short period of time, the biggest rise since the aftermath of WWII. Clark explains how we got here today and the idea of rent control, plus, some good news on the rental front. Also - Is renting out your car on a peer-to-peer platform to make extra money a good idea? Clark breaks down the pros and cons. The Rental Housing Outlook: Segment 1 Ask Clark: Segment 2 Peer-To-Peer Car Rental: Segment 3 Ask Clark: Segment 4 Mentioned on the show: AAA Membership: Is It Worth It? Costco Travel: 5 Things To Know Before You Book How To Use 'Vacations To Go' To Find Bargain Cruises Travel Insurance? What You Need To Know Before You Buy CNET - How to Make Extra Money by Renting Out Your Car Online Peer-to-peer car sharing: A potentially risky side gig Turo: 5 Things To Know About the Cheap Car Rental Service AutoSlash Review: How To Save on a Rental Car Cheapest Way to Rent a Car: Expert Tips No Surprises Act - CMS Your health insurance says, ‘Claim denied.’ How to fight back Should You Buy Cell Phone Insurance? Cell Phone Protection: These Credit Cards Will Replace Your Stolen or Damaged Phone Clark.com - CELL PHONES Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you to the Clark Howard Show, where our mission is to serve

0:09.9

you and empower you to make better financial decisions in your life.

0:15.5

Today, I'm going to talk about something that is costing us just too much money and something

0:24.3

that could potentially make you money.

0:27.6

It's rents. They've gone up, up, up, and away in so many places in the country and

0:35.1

when's that going to slow down?

0:38.2

And then there's this thing going on in Orlando that just absolutely is driving me crazy

0:46.8

about apartments.

0:49.1

It's something that I think people everywhere need to hear.

0:54.4

And later, it's me of rent.

0:57.6

What about renting out your car?

1:01.1

How good an idea or bad idea is that?

1:04.2

We're going to talk about that later.

1:07.6

So apartment rents have gone up by really unprecedented amounts in a very short period

1:16.5

of time.

1:17.7

The last time we experienced anything like this in the United States was in 1946,

1:24.6

2007, and 2008, I think, in the aftermath of World War II, everything had been about

1:32.0

the war effort from 39 when Germany first invaded, I think 39 was when they invaded Poland.

1:41.3

38 must have been Czech, Czechoslovakia, 39 Poland, all the way through 45, everything

1:48.5

had been about the war.

1:51.0

After the war, we had all these returning GIs, all these new family formations.

1:56.9

We had an extreme housing shortage and what happened, prices went crazy.

...

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