Stories by Joshua Clark

Methodology: Zillow Observed Rent Index (ZORI)

The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental stock.

Joshua Clark • Sep 19 2022

A Third of Rental Listings are Offering Concessions — And it Appears to be Working

Almost half of Gen Z renters that moved recently said they were motivated to do so because their new rental offered promotions or concessions.

Joshua Clark • Nov 18 2020

Rental Concessions on the Rise as Rent Market Softens

Concessions offered by landlords to entice renters have nearly doubled across the U.S. since the coronavirus outbreak began.

Joshua Clark • Sep 01 2020

U.S. Renters Paid $4.5 Trillion in Rent in the 2010s

All-in-all, U.S. renters paid roughly $4.5 trillion in rent during the 2010s, more than the 2018 GDP of Germany.

Joshua Clark • Dec 11 2019

Military Veterans, Some Active-Duty Households Enjoy a Housing Affordability Edge

Active-duty military households spend 24.9% of their incomes on market rent, while veteran households spend 20.1% – significantly less than the 29.6% of income that the typical U.S. household pays for rent in 2019. Service members and veterans also pay a lower share of their incomes on mortgages: 13.4% and 10.9%, respectively, compared with 16% for all U.S. households.

Joshua Clark • Nov 06 2019