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Rising rental rates and stagnant salaries widen affordability gap

"I do think we are moving back in a phase where there’s a growing demand for rentals because affordability is projected to deteriorate with interest rates rising," Terrazas said.

Home > Blogs > mhopkins’s blog > Rising rental rates and stagnant salaries widen affordability gap Author(s): Megan Hopkins [1] Show Author Info?: Show Author Info? Teaser: In suburban Cook County in Illinois, the affordability gap skyrocketed 25% between 2007 and 2011.

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Rising Rents Outpace Wages in Wide Swaths of the U.S. Question of supply and demand as recent net increase in household formation entirely due to renters, not owners; problem hitting cities like.

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More Americans Become Rent-burdened . Rental costs have been on the rise, outpacing stagnant salaries, and widening the affordability gap, according to a new study. realtormag.realtor.org Rental costs have been on the rise, outpacing stagnant salaries, and widening the affordability gap, according to a new study.

In a new report on the state of rent affordability in New York, the website takes a look at the progression of rent prices and wages from 2010 to 2017 and finds that rent has been increasing twice.

Rental Affordability: A Gap Widening to a Chasm. Insight | November 03, 2017.. The main factor was a combination of increasing rents and stagnant household incomes. The growing demand for rental housing and rising cost of building new units has exacerbated this problem as well.

HousingWire Content on ‘co-author’ reported incidents of mortgage fraud in the U.S. are at an all-time high, increasing 26 percent from 2007 to 2008, according to a new report released Monday by.

 · Growing demand for US apartments pushing up rents.. from rising mortgage rates to stagnant pay, which have combined to discourage many people from buying homes.. is counting on rental.

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Housing Affordability and Income Inequality: The Impact of Demographic Characteristics on Housing Prices in San Francisco Olga baranoff* senior honors Thesis in Economics, Johns Hopkins University April 10, 2016 Abstract: Housing affordability is a growing crisis for urban areas with constrained housing markets.

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