Small Business Rent Hikes

This is a news story, published by VOA, that relates primarily to Adelita Valentine news.

Adelita Valentine news

For more Adelita Valentine news, you can click here:

more Adelita Valentine news

real estate & housing news

For more real estate & housing news, you can click here:

more real estate & housing news

VOA news

For more news from VOA, you can click here:

more news from VOA

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about

higher rent costs

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest rent payments news, rent news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

rents

VOA

•

High rents are forcing small businesses in into tough choices

Summary

Nutrition label

71% Informative

Rent payments per small business client rose 11% year-over-year in July , according to Bank of America .

41% of small business owners could not pay their July rent on time and in full.

52% said they've encountered rent spikes in the past six months .

"Every time the rent goes up, we have to raise prices, to keep up with the cost," said Adelita Valentine .

Pomije: "I'm trying not to think about the future too much and I'm trying to just do what we have to do, and get ready for a holiday season and just, like, get everything paid on time now" "And then we'll kind of reevaluate everything in January ," she said.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful