Rising rental rates and stagnant salaries widen affordability gap
A cut in headline corporate and personal income tax rates will send a powerful signal. areas where it most concerns Singaporeans like rising cost of living, housing affordability or widening income.
The rapidly worsening housing situation in the city reflects the ever-widening economic gap. rent rather than own their homes, one third pay more than half their incomes to keep a roof over their.
Rabobank: Affordability gap continues to widen between owner-occupied sector and private rental sector. Confidence is also strong in the owner-occupied housing market and interest rates will stay low for the time being.. The widening gulf in affordability between homes to buy and homes to.
Homeownership still considered best long-term investment: Pew What Do Homeowners Say About Homeownership?. 96% of all homeowners said homeownership has been a positive experience. 64% consider buying a home as a safe investment. Buying a home was considered safer than buying stocks by over three times the number of people (64% vs 17%)..
Contents stagnant salaries widen affordability gap posted: march 21 Housingwire. mortgage tech rundown Fargo ceo search Mortgage Tech Rundown looks at the latest news in mortgage technology, Calyx Software announced a partnership with LoanScorecard, NPR Offers Remedial MBS Analysis for Regulators Rising rental rates and stagnant salaries widen affordability gap affordable Housing Facts and.
Home > Blogs > mhopkins’s blog > Rising rental rates and stagnant salaries widen affordability gap Author(s): Megan hopkins  show Author Info?: Show Author Info? Teaser: In suburban Cook County in Illinois, the affordability gap skyrocketed 25% between 2007 and 2011.
This implication requires the assumption that the relative pace of asking rent increases is reflective of the broader rental market. StreetEasy’s Rent Index reflects only asking rents for market rate units for rent at a given point in time. As of June 2017. Seasonally adjusted. Source: U.S. Bureau of Labor Statistics.
· Wages. Cost of Living vs. Wage Stagnation in the United States, 1979-2015 Inflation-adjusted wages haven’t gone up, the cost of living has for the most part gone down.
Do you know why buying a home is cheaper than renting? Collingwood Group Chairman calls out ‘regulatory Jihad’ on mortgage lenders In response to the significant decline in mortgage rates, The Collingwood Group Chairman. is causing what Rood calls a "regulatory jihad" that is "preventing access to cheap mortgages." “Regulatory.
Growing demand for apartments pushing up rents.. That’s what we call the affordability gap,” says John Kobs, Apartment List’s chief executive.. from rising mortgage rates to.
· In both cases, home affordability declined due to consistently strong home-price growth combined with low wage growth for this working-class profession. “The national homeownership rate is at a historic low, which is alarming in itself, but the homeownership rate for teachers is even lower,” said Redfin chief economist Nela Richardson.