Items Tagged with 'Renting'

ARTICLES

  • Alexandria Ocasio-Cortez struggles to afford rent, like most Millennials

    Millennials spend more than 45% of their income on rent before age 30
    Nationwide, renters are struggling to navigate affordability, especially Millennials who on average spend more than 45% of their income on rent before the age of 30. So, it shouldn’t be surprising when a Millennial voices concern about rental affordability, right? But what if that Millennial is a newly elected member of the House of Representatives?
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  • Rent just hit an all-time high… again

    Rents just keep on climbing
    With more and more renters feeling the affordability crunch, there seemed to be some light on the horizon recently with the steady rise in rents appearing to finally slow down over the last few months. Nevermind. As it turns out, rents are still going up and just hit an all-time high, again.
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  • From HW Magazine

    Reaching Renters: Helping renters access the American Dream

    It's time to treat renters like homeowners
    This September, as we recognize the second annual National Renters Month, it is time that we talk about treating renters as we have treated homeowners for years. At the National Rental Home Council, we believe that all renters deserve the same opportunities that homeowners have, regardless of why they rent.
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  • Rent just jumped to an all-time high

    New report shows nationwide rent crosses $1,400
    We’ve known that the rent may be too damn high for quite a while now, but a new report shows that rent has never been this high before. Newly released data from RentCafé and Yardi Matrix shows that nationwide apartment rents just hit an all-time high in June, crossing the $1,400 threshold for the first time ever.
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  • RealPage: Rent growth continues slow slide, but multifamily remains healthy

    Large delivery numbers are slowing rent growth, but strong demand is keeping occupancy up
    Rents are increasing at the slowest rate in eight years, according to a report from RealPage. Though the run of annual growth has reached a record 32 quarters, the continued delivery of new units has taken its toll on rent growth, slowing it to 2.3%. But there are several silver linings in this cloud.
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  • Rover and Mobile Doorman partnering for pets

    The two companies announced a beta partnership integrating their platforms
    Custom apartment app developer Mobile Doorman will be integrating Rover's services into its custom-branded apartment community apps. Rover, a pet care service provider, is to offer special pricing and promotions to new customers through Mobile Doorman's apps.
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  • Is the rent finally too damn high? Rent households fall again, homeownership holds steady

    Median asking rent continues climbing
    Is a combination of high rents and shifting demographics driving a move from renting to buying? The latest data from the Census Bureau shows that may be exactly what’s happening. On Thursday, the Census released its quarterly report on residential vacancies and homeownership. And the report had some good news and bad news, depending on which industry you’re in.
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  • Millennials will spend 45% of income on rent before age 30

    Most rent burdened generation
    As rent prices continue to rise, a new study shows Millennials are paying about 45% of their total income toward rent, and pay close to $100,000 toward rent before they turn 30. Here’s how that compares to the generations before them, and what it means for the next generation.
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  • Most Americans live in areas where renting is cheaper than buying

    But buying a home cheaper in 54% of U.S. markets
    Across the U.S., buying a home is cheaper than renting in the majority of housing markets, however most Americans live in areas where renting is still cheaper than buying. Renting has clearly become the lesser of two housing affordability evils in many major population centers, with renting more affordable than buying in 76% of counties that have a population of 1 million or more.
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