Why Is Your Rent So High?
Big Take20 Tammi 2023

Why Is Your Rent So High?

The price of everything is going up, but few things have risen as fast as rent. The rule of thumb used to be that housing shouldn’t eat up more than a third of your paycheck. But these days, a lot of people are handing over half or more of their income to the landlord. Why has rent climbed so high so fast–and is there any end in sight?

Real estate reporter Prashant Gopal joins this episode to explain how we got here–and offers a dose of cautious optimism for renters. And Neil Callanan, who covers corporate finance, gives a broader view of the consequences of turmoil in commercial and housing markets around the world.

Learn more about the story here: https://bloom.bg/3whXo66

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See omnystudio.com/listener for privacy information.

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They Bought Dream Homes in Tulum. Then Came the Nightmare

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Tulum, Mexico has exploded in popularity since the early years of the pandemic. The area’s few Covid restrictions, picturesque beaches and laidback vibes attracted lockdown-weary travelers and helped trigger a real estate boom. On today’s Big Take podcast, Bloomberg reporters Andrea Navarro and Tanaz Meghjani join host Sarah Holder to discuss the dark side of a pandemic-era development spree in Tulum that has left a trail of ripped off investors, millions of dollars in missing cash and even two bodies in its wake.See omnystudio.com/listener for privacy information.

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Private Equity’s New Pitch: Investing Your 401(k)

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Googling in the ChatGPT Era

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24 Maalis 15min

Levittown Episode 3: The Hunter

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Levittown Episode 2: ‘I’m Also on the Website’

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Levittown Episode 1: Me... But Not Me

Levittown Episode 1: Me... But Not Me

SHOW DESCRIPTION New Year’s Eve. Levittown, New York. Word travels swiftly as one young woman tells the next: “You’re on the website.” Dozens of recent high-school graduates are finding out that their photos have been scraped from their social media accounts, manipulated and posted to a porn website. Who would have done this? And can the women get the images taken down? Told there isn’t much the police or anyone else can do, they set out to catch whoever did this. Along the way, they get some help from a global band of investigators and hackers who could take risks that police and prosecutors sometimes couldn't. Levittown is a real-life horror story for the AI generation. In this six-part series from Bloomberg, Kaleidoscope and iHeart Podcasts, reporters Olivia Carville and Margi Murphy take listeners from quiet suburbs of New York to as far as New Zealand and into the darkest corners of the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes. EPISODE 1: Me… But Not Me Stuck in her childhood home during the pandemic, Kayla is shocked to learn that photos of her, altered to make her look naked, are posted to a website where men swap violent fantasies about women. A conversation with police leaves Kayla discouraged.See omnystudio.com/listener for privacy information.

21 Maalis 30min

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The World Is Paying for Trump’s China Tariffs

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