Sentences with phrase «rental affordability»

"Rental affordability" refers to the extent to which someone can comfortably pay for their rent without financial strain or burden. It means that the cost of monthly rent is affordable and manageable for an individual or household based on their income and expenses. Full definition
First, we looked at rental affordability to determine how rent prices compared to occupations available in the area that can afford the median rent for a two - bedroom apartment.
The days of rental affordability are long gone and are not coming back.
Youngstown is the third of four Ohio cities on our top 10 list and has the highest rental affordability score out of all the metropolitan areas we evaluated.
Also at 12:45 p.m., Rep. Sean Patrick Maloney will join a first - time homeowner and housing experts to announce legislation to help middle class families afford rising housing costs amid a national rental affordability crisis, home of Taylor Van Dyck, 33 Ontario Ave., Middletown.
This includes private investment, the National Rental Affordability Scheme and Commonwealth Rent Assistance.
With a high rental affordability score and an average credit score lower than the national average, Wichita is a great place for renters.
These include deteriorating rental affordability in expensive urban cores; new apartments, albeit high - end ones, opening downtown compared to relatively few in outlying areas; and preferences among some renters toward the space offered by single - family homes in the suburbs.»
Affordability concerns overstated, lease transactions show Rental affordability has come under close scrutiny in recent years, as activists point to strong rent growth in the apartment market.
But as ATTOM Data Solutions latest rental affordability report shows, that isn't necessarily true for a good chunk of the population.
TORONTO — Ontario's highly anticipated package of housing measures is set to be announced Thursday and will take aim at speculators, expedite more supply, tackle rental affordability and look at realtor practices.
Property taxes actually are not too high for homeowners, but rental affordability paired with below - average credit scores make Greensboro an ideal place for renters.
Rockford is another example of high taxes and prominent rental affordability.
«Incomes have a ways to go to bring rental affordability closer to historical levels, but recent gains are being met with slowing rent appreciation — a welcome sign for renters.»
«The slowdown in rental appreciation, combined with consistent income growth, gave renters some reprieve from worsening rental affordability over the past few years.»
Then, they went beyond preserving rental affordability by setting aside a percentage of units at further reduced rents for people who volunteer their professional skills to the community.
Rental affordability for very low - income families also declined in Arizona, Georgia, Nevada, Texas and Washington.
Escalating rental affordability problems come at a time when the share of Americans that rent has increased from 31 percent in 2004 to 35 percent in 2012.
According to their most recent Rental Affordability Report, buying a home is still the more affordable choice in a majority of markets.
The results of the 2018 Rental Affordability Report from ATTOM show that buying a median - priced home is more affordable than renting a three - bedroom property in 54 % of U.S. counties analyzed for the report.
Once again, we tap into Zillow Group's wealth of data and use a data set that includes mortgage affordability, rental affordability, and price - to - income ratios for the five most populous US cities with comparison to the national median.
«So when the speech is dedicated mostly to rental affordability, it's not going to speak to the main concerns and priorities of a community that's backbone is home ownership.»
Credit scores are above the national average, but the rental affordability score is still high — meaning that Dayton has the jobs to support its residents.
Note that the rental affordability score measures each city's percentage of jobs with a median income that can afford a two - bedroom apartment.
Cleveland's property taxes are relatively high, just like its rental affordability score.
While the city's average credit score is slightly above the national average of 749, its rental affordability scores 58.
According to ATTOM Data Solutions» 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed.
In addition, this (rental affordability) crisis threatens the future value of owned housing, as the burdensome level of rents will trap more aspiring owners into a vicious financial cycle in which they can not save and build a solid credit record to eventually buy a home.»
According to ATTOM Data Solutions» 2018 Rental Affordability Report, «buying a median - priced home is more affordable than renting a three - bedroom property in 240 of 447 [or 54 % of] U.S. counties analyzed for the report.»
«Rental affordability is at crisis point for people on low incomes or the minimum wage,» said Goldie.
According to ATTOM Data Solutions» 2018 Rental Affordability Report, «buying a median - priced home is more affordable than renting a three - bedroom property in 240 of 447 [or 54 % of] U.S. counties -LSB-...]
In 54 percent of the over 400 counties analyzed by ATTOM Data Solutions, buying the median - priced home is more affordable than renting a three - bedroom one, according to ATTOM's 2018 Rental Affordability Report.
A rental affordability crisis brewing across major cities nationwide is leading to an increase in homelessness.
Buying A Home In Jupiter Is More Affordable Than Renting In 54 % Of US Counties According to ATTOM Data Solutions» 2018 Rental Affordability Report, «buying a median - priced home is more affordable -LSB-...]
«Rental affordability is extremely bad, so people are less able to save now for the down payment,» Gudell said.
From a big - picture level, ATTOM Data Solutions, an Irvine, Calif. - based firm that assembles and analyzes its database of properties, recently released its 2018 Rental Affordability Report, which shows buying a median - priced residence is more affordable than renting a three - bedroom property in 54 percent of the U.S. counties the company analyzed.
The company's recently published «Rental Affordability Report» revealed that buying beats renting in Cleveland and in the rest of Cuyahoga County, Ohio.
Rental affordability has come under close scrutiny in recent years, as activists point to strong rent growth in the apartment market.
Buying a home is more affordable than renting one in 66 percent of housing markets in the U.S., with Cook County, Ill., Maricopa County, Ariz. and Miami - Dade County, Fla. among those with the highest buy affordability, according to ATTOM Data Solutions» 2017 Rental Affordability Report.
The firm's 2018 Rental Affordability Report «shows buying a median - priced residence is more affordable than renting a three - bedroom property in 54 percent of the U.S. counties the company analyzed,» The Post says, based on fair market rent data for 2018 from the U.S. Department of Housing and Urban Development, wage data from the Bureau of Labor Statistics and public records of sales.
Rental affordability was determined from the average fair market rent for a three - bedroom property as a percentage of the area's average monthly wage.
Rental affordability is average fair market rent for a three - bedroom property as a percentage of the average monthly wage (based on average weekly wages).
-LSB-...] Well, for a large majority of consumers in most regions of the Golden State, renting is a better financial choice than buying, according to the ATTOM Data Solutions» 2018 Rental Affordability Report.
IRVINE, Calif., Jan. 11, 2018 / PRNewswire / — ATTOM Data Solutions, curator of the nation's largest multi-sourced property database, today released its 2018 Rental Affordability Report, which shows that buying a median - priced home is more affordable than renting a three - bedroom property in 240 of 447 U.S. counties analyzed for the report — 54 percent.
-LSB-...] to ATTOM Data Solutions» 2018 Rental Affordability Report, «buying a median - priced home is more affordable than renting a three - bedroom property in 240 of -LSB-...]
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