Renters who’ve found themselves priced out of the housing market aren’t finding much relief by renting their home either, according to a new report by Harvard’s Joint Center for Housing Studies. “Despite the strong economy, the number and share of renters burdened by housing costs rose last year after a couple of years of modest
Rental Homes Increase in Over 500 US Cities
June 1, 2011 by
More than 500 mid-size and large cities in the US have seen an increase in the number of rental homes, and nationally this percentage has increased from 33.8% in 2000 to 34.9% in 2010. This increase comes in the aftermath of the housing market collapse, as nearly 4,000,000 homes have been foreclosed on during the
