Tenants are increasingly rent burdened

Corporations who manage large portfolios of rental property want us to believe that supply and demand will keep the rental market affordable. Even in an affluent state, like Massachusetts, this is not true. Rents rise far faster than income. Renters choose between spending more than a third of their income or moving. “The reality is

By |2022-11-06T09:52:42-05:00November 9th, 2022|Categories: Money and finance|Tags: , , , , , |

Affordability, Summer 2017

Here’s the headline: Real estate prices just passed the line for affordability. This is news. When a market passes the point where average consumers can buy, the market is headed into a bubble. Yet RIS, the source of the info, does not conclude that the market is about to correct, yet. First, a definition: affordability

By |2021-11-01T16:55:51-04:00July 5th, 2017|Categories: Market data and conditions|Tags: , , |