Tag Archives: rental crisis
Shorewest Reports: One Third of Americans Spend Too Much on Rent
CNNMoney recently reported new data — one out of three Americans now live in an unaffordable housing market, categorized where rent for a three-bedroom home eats up more than 30% of the monthly median income, the traditional benchmark for housing …
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Shorewest Reports: America’s Rental Crisis — Invest in a Home Now
Shaun Donovan, Secretary of Housing & Urban Development, recently stated, “We are in the midst of the worst rental affordability crisis that this country has known.” The numbers don’t lie — rent has climbed astronomically over the last decade. About …
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