The Affordability Crisis Is Creating a Generation of Renters - Hillsboro Sentry Enterprise

Under pressure: The affordability challenges facing private renters

In the past 2 years, rents in the UK have risen by an average of nearly 8%. Here we look at different dimensions of rent-affordability pressure faced by tenants in the private rented sector.

The affordability crisis is creating a generation of renters - Hillsboro Sentry Enterprise

The affordability crisis is creating a generation of rentersUntil recently, the roadmap for buying a home seemed clear: Get a good job, save for a few years, and buy a starter home. But America’s ongoing housing affordability crisis has turned what was once a common milestone into something far less attainable for most would-be buyers.Record-high home prices, elevated mortgage rates, and increased debt are just a few of the many factors that hav…

The affordability crisis is creating a generation of renters

The affordability crisis is creating a generation of rentersUntil recently, the roadmap for buying a home seemed clear: Get a good job, save for a few years, and buy a starter home. But America’s ongoing housing affordability crisis has turned what was once a common milestone into something far less attainable for most would-be buyers.Record-high home prices, elevated mortgage rates, and increased debt are just a few of the many factors that hav…