The Daily Money: Here's how to get cheap rent

Want cheap rent? You may have to move out within 72 hours notice. That's the premise of a soon-to-be-launched membership called "Standby" ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Tuesday, February 21 Happy Fat Tuesday! I'm Elisabeth Buchwald, here with today's Daily Money. Inflation barely nudged down last month, but it may still have a shot at coming down faster than you and the Fed might think, according to some economists.  The reason they think inflation could come down is a result of rent and wage growth.  Rent, which makes up 40% of inflation that excludes food and energy, could slide more briskly than Fed officials believe over the next few months. Wage growth in service industries like health care, education, and white-collar professions doesn't appear to be driving up prices as much as Powell fears. Cheap rent but with strings attached  Cheap rent these days feels like saying free beer tomorrow.  But with the soon-to-be-launched membership program called "Standby", you can live in a nationwide rental network of fully furnished apartments across 350 cities for $1,295 a month. No security deposits, no leases, no utility costs. Meanwhile, the median listed rent in December was $1,712, or 32% higher, in the 50 largest U.S. metropolitan areas. Here's the catch: You'll be given 72 hours' notice to move out. For more information on how it all works, be sure to check out Swapna Venugopal Ramaswamy's story. 📰 More stories you shouldn't miss 📰 Walmart earnings: Company's fourth-quarter earnings call foreshadows challenges ahead for the retailer. Baby formula recall: Reckitt recalls Enfamil ProSobee infant formula due to possible cross-contamination Can travelers still find cruise deals?: Yes ... for now. About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. Elisabeth Buchwald is a personal finance and markets correspondent for USA TODAY. You can follow her on Twitter @BuchElisabeth and sign up for our Daily Money newsletter here Looking for cheap rent and willing to move on short notice? Try... For $1,295, renters can access fully furnished apartments with no lease. The catch? You may have to leave in three days. Walmart isn't optimistic about 2023 due to inflation, risk of... Should a past felony be disclosed before a recruiter asks? Ask HR First-gen iPhone sold for $63,356 What you need to know about inheritance taxes What to know about investing in rental properties, REITs McDonald's has a new Cardi B and Offset Meal out now Kansas City Chiefs get Fisher-Price toy play Your inflation questions answered: Cause and effect of rising prices Renters, beware: The 10 fastest growing single-family home rental...   Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102