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An estimated 8.8 million Americans are behind on their rent, according the Consumer Financial Protection Bureau. While relief efforts have staved off some of the housing crisis, rent is still ...
Experts have warned that renters will ultimately feel the greatest impact of the mortgage crisis
Even in regions with relatively abundant market-rate housing, the market can fail to supply safe and sufficient housing to populations with very low income or disabilities that impair independent living. Insufficient public funding has contributed to a distinct housing crisis affecting these groups.
Blackstone said that despite rent increases, Gonzalez and other tenants interviewed pay "significantly below market." "We aim to provide the best experience possible for our residents," the ...
An affordable housing crisis or housing crisis is either a widespread housing shortage in places where people want to live or a financial crisis in the housing market. Housing crises can contribute to homelessness and housing insecurity .
Nobel Prize-winning economist Paul Krugman has called Senator Phil Gramm "the father of the financial crisis" due to his sponsorship of the act [16] but later revised his viewpoint saying repealing Glass-Steagall is "not what caused the financial crisis, which arose instead from 'shadow banks. ' " [17] Nobel Prize-winning economist Joseph ...
A continued decline in rents wouldn't just be welcomed by the people paying them. It's also good news for the Federal Reserve, which has been raising interest rates to slow price increases ...
The crisis of our generation cannot be separated from the crisis of affordable housing. More people are renting homes than at any time since the late 1960s. But in the 40 years leading up to the recession, rents increased at more than twice the rate of incomes.