Share of renters paying under $1,000 hits record low, Redfin says

Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading

NIMBYs, regulatory costs caused housing shortage: Harvard study

A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies. Continue reading