That is largely why we have
less affordable housing markets here»»
That is largely why we have
less affordable housing markets here»»
Not exact matches
Whatever is the current cause of the rise of prices in the
housing market, when computed as the mortgage cost in labour time in terms of the average weekly salary, residential properties, with the exception of the 1988 - 1991 period, are now clearly
less affordable for middle - class Canadians than they were for the last five decades.
It was
less than six months ago that Mayor Bill De Blasio lost a pivotal battle to rezone and redevelop a corner lot in Inwood into a residential tower with
market - rate and
affordable housing.
However, for borrowers with student loans and car payments, monthly
house payments are
affordable in
less than half of U.S.
housing markets studied by RealtyTrac.
Whether strong job growth is the symptom or the cause of deteriorating
housing affordability — are these
markets less affordable because of strong job growth, or is strong job growth the result of something else making these
markets expensive?
Of course, if you expect to stay in place for a long time, and have fairly stable income and an
affordable mortgage, fluctuations in the
housing market will be
less concerning to you.
Housing affordability is diminishing, and in some markets homes are even less affordable now than they were in the heyday of the housing
Housing affordability is diminishing, and in some
markets homes are even
less affordable now than they were in the heyday of the
housing housing bubble.
According to
Housing Needs in New Hampshire, a study commissioned by New Hampshire
Housing and performed by the Center for Public Policy Studies and Applied Economic Research, the state's rental
market has grown progressively
less affordable.
Housing affordability is diminishing, and in some markets homes are even less affordable now than they were in the heyday of the housing
Housing affordability is diminishing, and in some
markets homes are even
less affordable now than they were in the heyday of the
housing housing bubble.
The annual survey, which measures how
affordable housing issues affect consumers, also found that more than three quarters of renters (77 percent) said they would be
less likely to buy a home if they were required to put down a 20 percent down payment on the home, and a strong majority (71 percent) believe a 20 percent down payment requirement could have a negative impact on the
housing market.
o But for those borrowers with the average student loan debt and average car payment, putting just 3 percent down means monthly
house payments are
affordable in
less than half (48 percent) of all county
housing markets nationwide.
But for borrowers with the additional debt burden of student loans and car payments, monthly
house payments are
affordable in
less than half of U.S.
housing markets with a 3 percent down payment.»