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Report Shows Wealthier Renters Driving Up Rents

October 23, 2017

Some news outlets are saying renting is getting more affordable–not really. What’s happening is that more people with higher incomes are choosing to rent, driving up the price of rental units, according to a report from New York University’s Furman Center for Real Estate & Urban Policy. While the statistics show that fewer households are […]

Filed Under: At A Glance, Government Affairs, Industry News, National News Tagged With: cost-burdened, driving rent, Furman Center for Real Estate & Urban Policy, high-income renter, NYU, renters, Rust Belt, Southern California

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