Rising rental rates and stagnant salaries widen affordability gap

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It revealed that this rate is much faster than the standard. erosion of household living standards" as the gap widens between the rising cost of goods and services, and their stagnant wages..

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Here’s a look at the widening gap between wages and house prices. that more houses need to be built to ease home affordability.. a perfect storm of rising incomes and falling interest rates,

"That’s what we call the affordability gap," says John Kobs, Apartment List’s chief executive. "I don’t see that improving in the near future." Demand for rental housing. recent trends, from rising.

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These are good times for U.S. landlords. For many tenants, not so much. With demand for apartments surging, rents are projected to rise for a fifth straight year. Even a pickup in apartment construction is unlikely to provide much relief anytime soon. That bodes well for building owners and their.

LIFE IN LONDON | MONEY TALK ( salary,rent,expenses) | DorinOros Previous Freddie Mac research has found that growing demand and rising costs of land and construction have led to a widening supply gap — with the country experiencing an annual shortfall of.

 · London’s PRS: The affordability issue.. But the gap is widening, as the rate of growth is higher in the capital as well; in 2014-15, the annual rent price rate of change was 3.2%, almost one per cent more than the next highest region, the South East. Figure 3b – Annual rent price rate of change 2014-15.

Rental Affordability: A Gap Widening to a Chasm. Insight | November 03, 2017.. The main factor was a combination of increasing rents and stagnant household incomes. The growing demand for rental housing and rising cost of building new units has exacerbated this problem as well.

Growing demand for US apartments pushing up rents.. "That’s what we call the affordability gap," says John Kobs, Apartment List’s chief executive.. from rising mortgage rates to stagnant pay.