Previous Freddie Mac research has found that growing demand and rising costs of land and construction have led to a widening supply gap — with the country experiencing an annual shortfall of.
Home > Blogs > mhopkins’s blog > Rising rental rates and stagnant salaries widen affordability gap Author(s): Meganinfo?: Show Author Info? Teaser: In suburban Cook County in Illinois, the affordability gap skyrocketed 25 % between 2007 and 2011. Capital Bank launches Capital Bank Home Loans WTH is a reverse mortgage.
Rental Affordability: A Gap Widening to a Chasm. Insight | November 03, 2017.. The main factor was a combination of increasing rents and stagnant household incomes. The growing demand for rental housing and rising cost of building new units has exacerbated this problem as well.
"That’s what we call the affordability gap," says John Kobs, Apartment List’s chief executive. "I don’t see that improving in the near future." Demand for rental housing. recent trends, from rising.
· Our property-specific analysis further illustrates the issue. The affordability gap will continue to widen if no action is taken. Even as Freddie Mac Multifamily funds units that are affordable to lower-income renters, those units will not stay affordable for long if rents grow at market-level rates.
This is a much faster rate compared. to create a widening gap between income and needs." Oxfam’s Chris Johnes said: "The coalition Government’s decision to arbitrarily limit increases in benefits.
With some tenants more likely than others to experience price pressure, UBS Research Switzerland expects to see a widening of the performance gap between central. well-managed properties could rise.
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Rental costs have been on the rise, outpacing stagnant salaries and widening the affordability gap, according to a new study by DePaul University. "After the housing crisis, households shifted to renting for a number of reasons," says Geoff Smith, co-author of a study on the affordability gap and executive director of DePaul University’s.
Home Prices a Challenge . By Salman, Josh. Read preview.. and mortgage rates also likely to inch upward, experts maintain the affordability gap could widen further in 2014.. With rental rates also climbing, lists for government-subsidized housing have become so clogged that officials have instituted a yearlong moratorium on new.