Within the last year alone, home price growth, which has reached 20.6%, has become 4 times greater than income growth, which is a mere 4.8%
'Renting has clearly become the lesser of two housing affordability evils in many major population centers'
Income has skyrocketed in the last 30 years, but is it anywhere close enough to achieve homeownership?
Apartment List compares inflation-adjusted rents and real household incomes in major US metros
Apartment List compares inflation-adjusted rents and real household incomes in major US metros
Apartment List compares inflation-adjusted rents and real household incomes in major US metros
Apartment List compares inflation-adjusted rents and real household incomes in major US metros
Adjusted for inflation, rents have increased 64 percent while incomes have only grown 19 percent since 1960
Learn how to find them and what their needs are
People need help to compete, and none is forthcoming
Bond investors are not idiots, so stick with the simplest answer