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Home Value Appreciation Outpaced Median Salaries Across 25 Metros in 2021

Pro Builder

Home Value Appreciation Outpaced Median Salaries Across 25 Metros in 2021. Home prices rose faster than median incomes in the majority of metro areas tracked by Zillow in 2021. metros tracked by Zillow in 2021, compared to just five metro areas where home value appreciation outpaced median income in 2020, CNBC reports.

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Overvalued Markets Could See Significant Price Deceleration, Economists Say

Pro Builder

Home prices are rising faster than household incomes in many metro markets across the U.S., Overvalued Markets Could See Significant Price Deceleration, Economists Say. Tue, 05/03/2022 - 10:17. but more balance could be on the horizon, some economists say.

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How Detroit’s New Land Value Tax Plan Could Serve as a Model for the Nation

Pro Builder

Unlike income, property, and sales tax, a land value tax supports sustainable economic growth. Detroit may be the most extreme example of a city that has been unable to sustain economic growth, so if a land value tax works in Detroit, more cities will likely follow suit.

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Zillow Predicts Affordability Issues for Renters by End of 2021

Pro Builder

If current rent and income growth trends continue, Zillow says some of the most affordable metros will become the least affordable and many renters will become newly housing-cost burdened by the end of the year. The threshold for which a resident is deemed “housing-cost burdened” is if they pay more than 30% of their monthly income.

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6 guideposts for cities to create equitable transit-oriented developments

BD+C

True equitable TODs should not only reduce and prevent displacement, but also create new economic opportunities for residents of all income levels and create transit-focused communities that are truly welcoming to lower income residents, communities of color, and others who have historically been pushed out by transit investments.

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2022: The Year of the Record-Breaking Rental Market Pt. 2

Pro Builder

The 2022 rental market will likely sustain record-breaking conditions from the past several years as demand surges to a new high and double-digit rent growth hits a larger number of U.S. In 2021, the rental market entered into unprecedented territory with record-breaking conditions, and some trends may carry over into the new year.

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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

15th Annual Rankings: 2019 Metro Rankings Report. W e’ve subdivided our metro Economic Growth Potential ranking into small, medium and large categories this year. Atlanta, GA; San Antonio, TX and Phoenix, AZ are the top-ranked large metros in this flagship category, respectively. From the July/August 2019 Issue. ATLANTA NO.

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