Peisistratos s aggressive foreign policy built up Athenian territory around Greece and generated a lot of revenues. It s highly likely that the Mycenaeans captured slaves their foreign wars, because this was the most common method of obtaining them. Sometimes a krypteia also included the task of killing helots see Chapter more on these people found wandering the countryside. Both sides presented their evidence and then the jury voted. There's a lot of pressure on the rental market: Millennials are renting longer, housing inventory is tight, the housing crash has scared some would-be homeowners, and Baby Boomers are downsizing. There's also been a shift in people wanting to live in more urban areas, where renting is more common. But there just aren't enough "For Rent" signs to keep up with the demand. Rental construction slowed in the aftermath of the housing crisis as confidence shrank. "We weren't building enough so when the economy recovered, vacancy rates got very tight," said Hans Nordby, a managing director with real estate research firm CoStar Group. "If you don't build apartments, it pushes rents up." The reason? A shortage of available rentals. "Vacancy rates are at very low levels, which continues to push rents higher," said Andrew Jakabovics, senior director, Policy Development Research at Enterprise Community Partners. With incomes flat since the Great Recession, affordability has become a big problem too. About one in four renters in the U.S. spend at least half their household income on monthly rent payments, according to Angela Boyd, vice president at Enterprise Community Partners. Lower- and middle-income renters tend to feel the inventory pinch the most. High-income renters who would have traditionally shifted to homeownership or occupied the more expensive rentals are staying put, according to Olsen. Adding more supply will eventually ease some price pressure, she said. "It just takes time to creep down the distribution. People living in the older units now that aren't as luxurious migrate over to the new luxury units, and that opens up more units." But it takes about two years for rental buildings to become available in many markets, Nordby said, so the relief won't be immediate. The troubled inner city area made famous after the antiapartheid uprising there in is one of sean s many social issue causes. M. |
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