Rental markets are becoming tighter in many cities across the U.S.
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Rents are growing faster than incomes in many parts of the U.S., squeezing household budgets.
While some of the rise is attributable to a boom in the luxury market, costs also are climbing for the poor and working class. Unfortunately, wages haven’t been able to keep up.
“While long a condition of low-income households, cost burdens are spreading rapidly among moderate-income households,” a recent report by Harvard University’s Joint Center for Housing Studies said. “Much to their detriment, cost-burdened households are forced to cut back on food, healthcare, and other Read More

Source:: wsj