But the foreclosure crisis triggered by the Great Recession made
renters out of millions of former homeowners.
Not exact matches
Under the terms
of the settlement between Bank
of America and a federal task force Mr. Schneiderman co-chairs, the lender will dole
out $ 300
million in cash and $ 500
million in assorted relief efforts to New York State alone, with the rest getting spread across the country in the form
of both hard currency and assistance to
renters and homeowners.
The rapid increases locked as many as 1.65
million renters out of homeownership, according to the National Association
of Realtors.
Find
out what
millions of Americans don't know, does
renters insurance cover fire?
A
renters insurance review can tell you that
out of the 80
million Americans that rent, only about one third actually have
renters insurance.
Out of these 80
million, only about one third has good
renters insurance.
Surprisingly enough,
out of the over 80
million Americans that rent, only about one third actually have
renters insurance.
The Harvard study points
out that from 2006 to 2010 the number
of renting households grew by an average
of nearly 700,000 annually, bringing the total number
of renters in the nation to 37
million.
Another recent report
out of the National Low Income Housing Coalition (NLIHC) purports an inability for
renters in every state, earning minimum wage and working 40 hours each week, to afford a two - bedroom rental, giving way to a shortage
of 7.4
million affordable units for low - income
renter households.
With more than 1.3
million renter households in Ontario (29 per cent
of Ontario's households) and a major trend towards condominium investment units, Paliwoda believes it is essential to get the facts
out there.