Rent Prices Going Up Soon
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Rent prices are going to go up. A big website called Zoopla says rent will cost more money. By December, rent will go up four or five percent. This is bad news for people who rent homes.
What does this mean?
When rent goes up, you pay more money every month. If your rent is one thousand dollars, it will be about one thousand forty dollars. Or it could be one thousand fifty dollars. This happens every year now.
Why is rent going up?
Many people want to rent. Not many homes are empty. So the price goes up. This is the same thing that happens with other things we buy.
Who is Zoopla?
Zoopla is a website. You can find homes on this website. You can see prices for houses and apartments. The website tells people about homes for rent and for sale.
What can people do?
People need to plan for higher rent. You can save more money now. You can look for a cheaper apartment. You can talk to your landlord about your rent.
When will this happen?
This will happen soon. By December, the prices will go up. That is only a few months away. People should think about this now.
Discussion Questions
- Do you rent your home or do you own it? Tell me about it.
- What do you think about higher rent prices?
- If your rent goes up, what will you do?
- Have you used a website to find an apartment? Which one?
- Is rent expensive in your city? How much does it cost?
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