The Rental Market is Softening, But Many Are Still Struggling
While the market may be softening, millions of renters countrywide are still facing consistent struggles regarding affordable rental housing.
Source: rismedia.com
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How an oil boom in North Dakota led to a boom in evictions
New study links surge of oil workers to long-term residents losing their homes.
Source: minnpost.com
Philadelphia's council introduces licensing for eviction officers
Philadelphia’s City Council began a new term on Thursday and members have legislation ready to introduce.
Source: phillytrib.com
America's Rent Crisis Is Getting Worse
Half of all renters pay more than they can afford, and “Build, baby, build” doesn’t seem to be helping.
Source: newrepublic.com
America's Rent Crisis Is Getting Worse
The rule of thumb for housing, financial experts will tell you, is that you aren’t supposed to pay more than 25 percent of your income in monthly rent or mortgage payments. I know a few people for whom that’s true, but only a few. You’re considered to be “cost-burdened” if you pay more than 30 percent of your income in rent and utilities, and a new study from Harvard’s Joint Center for Housing Studies found that in 2022—the most recent year for which data is available—the cost-burdened constitut
Source: yahoo.com