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How "affordable" Cleveland is witnessing a rise in renting
Jan 3, 2019

How "affordable" Cleveland is witnessing a rise in renting

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People are now wondering what an economic slowdown in China might mean for the rest of the world after Apple’s downgraded revenue forecast pointed to slowing iPhone sales in the country. Also, the Department of Labor is trying to fix its visa application website after it crashed earlier this week. You can’t blame the shutdown for this; instead this is tied to a record number of requests for temporary worker permits. We then look at how renting has become the residential method of choice following the burst of the housing bubble. This is especially true in places like Cleveland, Ohio, which have typically seen as an "affordable" places not to rent, but to buy a house. Today's show is sponsored by IndeedPitney Bowes and Wasabi Hot Cloud Storage.

Segments From this episode

Why renting is up and homeownership is down in "affordable" Cleveland

Jan 3, 2019
The rise of renting in Cleveland offers a glimpse into the region's economy.
A view of downtown Cleveland, Ohio.
Jeff Swensen/Getty Images

People are now wondering what an economic slowdown in China might mean for the rest of the world after Apple’s downgraded revenue forecast pointed to slowing iPhone sales in the country. Also, the Department of Labor is trying to fix its visa application website after it crashed earlier this week. You can’t blame the shutdown for this; instead this is tied to a record number of requests for temporary worker permits. We then look at how renting has become the residential method of choice following the burst of the housing bubble. This is especially true in places like Cleveland, Ohio, which have typically seen as an “affordable” places not to rent, but to buy a house. Today’s show is sponsored by IndeedPitney Bowes and Wasabi Hot Cloud Storage.

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Brian Allison Engineer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer