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KAREN'S BLOG: Renting has never been this expensive, while mortgages are relatively affordable

Americans living in rental housing spend almost a third of their incomes on housing. Rental affordability is steadily worsening, but the good news is that mortgages remain relatively affordable:

http://www.bloomberg.com/news/articles/2015-08-13/renting-in-america-has-never-been-this-expensive

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Karen DeMarco - Realtor®-Associate
Cell: 201-776-6762 • Send E-Mail
Sales Associate with
Coldwell Banker Realty - Pascack Valley Office
Donna Conte, Branch Vice President / Manager
50 Broadway, Hillsdale, NJ 07642 • 201-930-8820

 

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