Sentences with phrase «affordability crisis even»
Lower - priced homes are appreciating much faster than higher - priced properties, making the affordability crisis even worse, said Frank Martell, president and CEO of CoreLogic.
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Home buyers today have historically high levels of house - purchasing power, and that's one important reason why, even as unadjusted house price growth exceeds household income growth, the talk of an affordability crisis is over-stated for now.»
«Even if the rent increases ultimately approved are at the low end of the proposed ranges,» Nadler said, «I have many serious concerns about what this decision would mean for the more than 1 million low - and middle - income rent - stabilized residents of New York City who are already facing a crisis of affordability and cost - of - living increases.»
It's incredibly competitive, as inventory is low and prices are rising steeply — in some cases, even creating an affordability crisis for those who are interested in moving.