Friday, June 26, 2015

OCHN: Flipside of declining homeownership rates: relentlessly climbing rents

As more families eschew homeownership in favor of renting, the cost of renting residential real estate continues to rise.

In the depths of the Great Recession, incomes dropped and many people lost their jobs and many others barely hung on. Ordinarily, such circumstances would cause rents to...
Flipside of declining homeownership rates: relentlessly climbing rents

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