Readers offered a range of ways to overcome this objection mostly revolving around homeownership as a wealth-building mechanism, including by highlighting tax benefits and the folly of paying “someone else’s mortgage.” Continue reading
Cincinnati councilperson P.G. Sittenfield’s proposal would replace cash deposits with security-deposit insurance plans to reduce upfront costs for cash-strapped renters. Continue reading
A new Apartment List study provides the first hard evidence that large numbers of millennials who would like to become homeowners are so frustrated with soaring home prices and meager supplies that they have changed their minds, at least for now. Continue reading
Rents are rising faster than inflation and there is unlikely to be a “significant softening of rental markets.” Continue reading
The average rent was up 3.2 percent year-over-year in June. Last month also saw the biggest average rent increase in more than a year Continue reading
Over time, a lot of the same rental deal-killers present themselves again and again. Here is a list of 10 common potential issues and how to handle them when they arise. Continue reading
Home listings portal Homesnap is offering to pay the mortgage or rent of 10 workers affected by the now 31-day long partial shutdown of the federal government. Continue reading
Federal workers either not being paid or currently furloughed as a result of the government shutdown are estimated to owe approximately $438 million in mortgage and rent payments this month. Continue reading
Nearly one-fifth (17 percent) of adults aged between 28 and 37 say they lose sleep over their ability to pay for housing, more than any other age group, according to a report from Bankrate.com. Continue reading