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After seven years of work and investing in over $18 million, Harbour Village, a new affordable residential development in Carlisle, Pennsylvania, officially opened its doors in January. By the time development began screening future tenants, there were over 400 applications.
The median apartment rent in Carlisle was $1,259 in May. According to an analysis by USA Today, this was one of the fastest growing regions in terms of rental prices that month. A review of the 202 Metro Area apartment list data found that the average monthly rent between January and May was significantly higher at 94% compared to the same period in 2019.
This is the complete story.
Why are some U.S. cities not slowing down?
Nashville and Phoenix landed high on the list of big US cities expected to continue growing in 2025, even amid fears of a recession.
Controversial tariffs, immigration policies and federal spending can create uncertainty and slow growth, but the best-performing cities are expected to continue to make profits, economist Gerald Cohen told the USA Today Network.
Cohen led a team of researchers predicting the best medium and large cities predicted to continue growing.
This is what they found.
How Working Americans Lose Medicaid Compensation
The heart of Donald Trump’s tax bill will allow millions of Medicaid recipients to work and volunteer or study to maintain publicly funded health insurance.
Republicans say they are motivating non-disabled Medicaid recipients to be in charge of physical and financial health while protecting taxpayers.
However, health advocacy groups and analysts say that most recipients are already working in jobs that don’t offer affordable health insurance or paying enough to those who can afford their own insurance. They mandate Medicaid job requirements – they say combined with more frequent eligibility checks will create nightmares for managers.
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Every day, Daily Money will provide you with the best consumer and financial news from USA Today, breaking complex events, providing you with the TLDR version, and explaining how everything from the Fed rate to bankruptcy will affect you.
Daniel de Vice covers USA Today’s personal finances.
