How to negotiate increases in rent and navigate rising home prices

CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the housing affordability crisis, as home prices are up more than 34% over the last two years and rent has increased almost 17% from last year. Schlesinger offers advice for renters who may have a lease coming up soon and for home buyers who are trying to figure out what they can afford.

Each weekday morning, "CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app.

[kossttamojaan]

"Negotiate for rent" Who tf is this lady kidding? 😂

[davincheyenne]

covid isn't necessarily the issue it's corporations buying tons of properties as well as airbnb properties being bought and not leaving many places left for families and homeowners to buy or rent hence the increase of prices

[profoundclarity]

There is nowhere to move and no way we can afford anything while we struggle to survive....

[kevingarris]

In a rising rental market, a landlord would be incentivized to abbreviate a lease term rather than extend it. (to shorten the time to the next rent increase) And with multiple applicants contending for each available rental in many markets, tenants have zero bargaining leverage.

[henrikraymond]

The wisest thing that should be on everyone's mind currently should be. To invest in different streams of income that doesn't depend on government, especially with the current especially with the current economic crises around the world.

[consumerdebtchitchat]

If you're dealing with a corporate landlord there is no such thing as negotiation.

[seventhchild]

ITS GREED, GREED, GREED AND MORE GREED!

[alanhester]

Why didn't she mention Wallstreet buying houses artificially raising the costs of housing? Or is that only consumers are to blame?

[philipp]

Lady this is so out of reality. They want you to move so they can rent twice as much.

[Complexanxiety]

I wish they would stop this type of reporting because most peoples landlord is a corporation and there is no negotiation.

[spg]

Landlords don't make any money on vacant units. If they charge more than market rate rent they will lose. So it's apparent they these rent hikes are simply adjustments to bring it up to market rate.

[erictang]

Govt should should subsidize home building sector

[EnronnSierra]

Something bad is gonna happen in the near future, I can sense it. Who am I kidding?

[anddrewbrezinski]

The landlord class is screwing the working class!!!!

[basednoamchomsky]

Get all of the tenants together and tell the landlord you refuse rental increases without a years notice. People have to band together, property owners divide and conquer.

[lionelosse]

Taxing the land and not raising minimum wage. We practice capitalism ya'll. Capitalize opportunity if your spine and mind haven't given out yet.

[spillaking]

Working from home? Lady they lived there already. Corporate buyout of the market.

The govt gave landlords money during pandemic

[Dc-slup]

Greedy greedy. We need Islamic Emirate states of America with sharia constitution now.