With soaring rents and a lack of social housing, this has left many facing homelessness.
Not exact matches
The lack of building is credited
with contributing to
soaring rents and home prices in the county.
With the cost of London rents soaring, these plans don't fill campaigners with much
With the cost of London
rents soaring, these plans don't fill campaigners
with much
with much joy.
«At the same time,
with the cost of living rising and
rents soaring, New Yorkers feel squeezed, and unnecessary fines or overly - aggressive enforcement don't help.»
Not at all affordable, Toronto's rental market is the hottest it has been in years,
with bidding wars breaking out and
rents soaring, according to a new study that predicts Ottawa's new stricter mortgage qualification will make the region's rental market even less affordable.
This year's survey also brought to light how the
soaring cost of
rent in many areas is likely influencing the decision of middle - aged parents to buy a home
with their young adult children in mind.
A version of this article appears in print on December 7, 2012, on Page A1 of the New York edition
with the headline:
Soaring Rents Drive a Boom In Apartments.
San Fran's price -
rent ratio of 45.88 is reflective of a market that is highly unfavorable to buyers, although
with rents soaring that may soon change.
The trend is being fueled primarily by the gap between incomes and
rents, which have
soared to historical highs in recent years, leaving many households
with hardly any cushion for financial blows such as a medical emergency or job loss — events that can trigger homelessness.
With # 60k - a-year
rent becoming commonplace, central London is turning into a «millionaires» ghetto» as oligarchs and members of the global jet set send property prices
soaring