Rising Costs May Create More Lifelong Renters
Some renters saving for a down payment and unable to buy find that recent rent increases are eating away at savings and forcing them to stay where they are.
Source: floridarealtors.org
Stay updated with breaking news from Alexa Erb. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Some renters saving for a down payment and unable to buy find that recent rent increases are eating away at savings and forcing them to stay where they are.
For potential entry-level homebuyers, the situation has gotten worse in the last year, thanks to rising inflation and mortgage rates ticking up.