Learn Swedish: Räntan påverkar hyran, och utvecklingen går allt snabbare. - The interest rate affects the rent, and the development goes increasingly fast.

In Swedish, you express a progressive, ongoing change by putting allt in front of a comparative adjective. Here, snabbare is the comparative of snabb (fast). Together, allt snabbare means 'faster and faster' or 'increasingly fast'.

Why do we use går (goes/walks) with utvecklingen (the development)?

While går literally means 'walks' or 'goes', it is the standard verb to use when talking about a process or trend moving forward. Just like time 'goes' in English, development 'goes' in Swedish.

Why are räntan, hyran, and utvecklingen all in the definite form here?

In Swedish, broad societal concepts like interest rates, rent, and economic development usually take the definite form (ending in -an or -en) when discussed generally. While English sometimes drops 'the' for these general concepts, Swedish strongly prefers the definite forms.

Is påverkar a verb or a noun here?

It is a present-tense verb meaning 'affects' or 'influences'. If you wanted to use a noun (an effect), you would use the word effekt and say har en effekt på (has an effect on). Using the verb påverkar makes the sentence more direct.