Rents Keep Rising in U.S. Metros, Pushing Affordability Out of Reach for Millions
Pro Builder
JANUARY 31, 2022
and Houston, but low affordability will still threaten to displace many Americans as prices inch higher. And unlike markups in other categories — such as food or gas, where prices can waver in both directions — economists say annual leases and long-term mortgages make it unlikely that housing costs will come back down quickly once they rise.
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