The Structures of Poverty: Renter Poverty Rates Are Highest in Low-Density Multifamily Units
As the poverty rate among America’s homeowners has trended downward over the past four decades, it has steadily marched upward among renters. Poverty rates are highest among black renters and single parents, and in older, low-density multifamily rental units, which are often found in suburbs.
Healthy Housing: Where Higher Rents Are Correlated With Worse Health
There is a strong correlation nationwide between communities with higher median rents and a larger proportion of local residents in poor health – even when incomes in those communities are similar.
A Picture’s Worth: Where to Maximize Take-Home Pay and Job Opportunities
Where we live has an enormous influence on how we balance the competing demands of living, working and playing. We all (well, most of us) need to work, and communities with stronger labor markets widen our options. We all need a place to live, too, but housing is more costly in some places than in others. And our capacity for play comes out of everything left over from the fruits of our labor after taxes and housing costs – the price we pay to live in a civilized society.
Subdued new home construction activity in recent years is pushing up the price and age of those homes that do sell, and contributing to slower depreciation in value among aging homes that otherwise would become more affordable. As a result, those homes that are affordable for lower-income, renter households are increasingly older and potentially a lot more hazardous.
Live, Work and Play: Where to Maximize Take-Home Pay and Job Opportunities
Where we live has an enormous influence on how we balance the competing demands of living, working and playing. We all (well, most of us) need to work, and communities with stronger labor markets widen our options. We all need a place to live, too, but housing is more costly in some places than in others. And our capacity for play comes out of everything left over from the fruits of our labor after taxes and housing costs – the price we pay to live in a civilized society.
Room for Rent: Exploring Rental Vacancy Rates in Urban, Suburban and Rural America
Rental vacancy rates in the country’s largest cities reached historic lows in 2016, even as rental vacancies remained stubbornly high in the nation’s rural communities, according to the U.S. Census Bureau.
An expected slowdown in the pace of home value growth in a number of pricey, fast-moving markets means it may take longer going forward to break even financially when buying a home in those areas compared to renting it.
December 2016 Market Report: What Could Flattening Rents Mean for 2017?
A months-long streak of accelerating home value growth was met with an equally long stretch of flattening rents to end 2016, a trend with interesting implications for the housing market as a whole as attention turns to the busy 2017 home shopping season to come.
Experts: Short-Term Home Rentals Have Little to No Impact on Housing Affordability
The growing presence of short-term room and home rental services like Airbnb and HomeAway are not impacting the overall supply or affordability of rental housing in a meaningful and large way, according to experts, though some smaller effects may be felt in certain markets or segments.
What Distinguishes the Markets Renters Want to Move to From the Markets Renters Want to Leave
The (real or imagined) allure of greener pastures beyond the horizon is a near-constant theme in the American national imagination, and regional migration – the movement of people across the country – is among the most important drivers of local differences in housing demand and desirability. And in the simplest sense, areas with lots of people looking to leave can often be considered less desirable, while markets with lots of people eager to move in are likely more desirable. But not always.
