We often promote homeownership over renting when a family is ready, willing and able to purchase. There are both financial and non-financial benefits to owning a home of your own. Based on the headlines below, many news outlets agreed with us after they reviewed a recent report from the Harvard Joint Center for Housing Studies and Enterprise Community Partners.
The study states thatthe number of households spending 50% or more of their income on rent is expected to rise by over ten percent in the next decade. They concluded:
“Overall, this white paper projects a fairly bleak picture of severe renter burdens across the US for the coming decade.”
What do other experts think of the report? You can tell by the headlines they chose to introduce their stories:
“Renters, get ready to take it on the chin” - CNBC
“The Rent Crisis Is About to Get a Lot Worse” - Bloomberg Business
“Renters Will Continue to Struggle for the Next Decade” - World Street Journal
“Why the renting crisis could be about to get a lot worse” - Fortune Magazine
“Soaring rents are a problem that will only get worse” - Business Insider
“High rents are here to stay” - The Real Deal
Bottom Line
If you are thinking about buying a home and are financially positioned to do so, now may be better than later.
Property Search
RSS Feed
Search Blog
Recent Blogs
AZ Community Resources YOU Need To Know - When life is great and things are
Tips And Tricks To Survive This Halloween - We are 23 days from Halloween (but
Remember To Take Your Realtor With You To New Builds - The excitement is real, especially
Movie Night With A Twist - As I briefly mentioned last week,
Our Bloggers
Jose Alcerreca - 1
Sergio Amesquita - 11
Nora Anaya - 8
Yvonne Carranza-Rocha - 16
Brissa Carvajal - 3
Kristen Castro - 2
Jeff Dehmlow - 13
Phillip Gonzales - 25
Azucena Gonzalez - 34
Eny Kraushar - 9
Heather Martin - 66
Libby Miller - 31
Michelle Mojica - 96
Juan Mojica - 1
Brisa Moreno - 3
Lili Sanchez - 1
Denise Tejada - 4
Mark Wideman - 2
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
Click 'Save' to add a property to this list.New & returning visitors please enter your information to login.
This message will go directly to the head of our team.
Español
Francais
Deutsch
Italiano
Portugues 
Chinese 
Russian