Rent prices are climbing sharply across major cities worldwide, deepening a global housing crisis that is putting pressure on millions of households.
Recent reports indicate that renters in cities across Europe, North America, Africa, and Asia are facing steep increases driven by inflation, housing shortages, and rising interest rates. Young professionals and low-income earners are among the hardest hit.
Housing advocates warn that unchecked rent increases could worsen homelessness and inequality. Some governments are exploring rent control measures, subsidies, and increased housing development, though critics say progress remains slow.
Economists caution that the housing crisis could have long-term social and economic consequences if supply challenges are not addressed.
