salon:According to a new report by the online real estate database Zillow, rents have never taken up
salon:According to a new report by the online real estate database Zillow, rents have never taken up this much of the American paycheck. Mortgage prices have remained relatively stable over the last several years, while rent has skyrocketed. A Bloomberg article points out that the cost of homeownership is actually at a historic low, while the rate of homeownership is also lower than it has been in years. With home ownership is at its lowest rate in five years, apartment living has become increasingly competitive and some landlords appear to be taking advantage of the situation.If you’re having trouble keeping up with rent, you’re not alone. Renting in the U.S. has never been as expensive as it is right now.need -- source link