Bad And Good News About Rental Affordability Crisis

Bad And Good News About Rental Affordability Crisis

U.S. in ‘Worst Rental Affordability Crisis’ Ever

As rental demand grows, soaring rents are taking a bigger bite out of households’ pocketbooks. About half of renters spend more than 30 percent of their income on rent, up from 18 percent a decade ago, according to newly released research by Harvard’s Joint Center for Housing Studies. Twenty-seven percent of renters are paying more than half of their income on rent.

Despite the doom and gloom of the national media, El Pasoans have a unique alternative to the nation’s rental affordability crisis. (read more)

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Phone: 915-261-6808
Dated: December 10th 2013
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