Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more than expected last month. In October, prices rose by 7.7% on the year in the Read more
Tag: renters
This chart shows the widening gap between renters’ wages and their housing costs. Here’s what can be done to help.
For years, there’s been a gap between renters’ housing costs and their incomes. And it got even worse during the pandemic, when rents soared and earnings stagnated. That’s according to Read more
Renters’ ‘political mobilization’ could influence the midterm elections and California reparations push could give Black residents hundreds of thousands of dollars — here’s what they say they would do with it
Hi, MarketWatchers. Don’t miss these top stories. Property appraisers valued an interracial couple’s home at $310,000 when they met the Black homeowner — but gave their white partner a $350,000 Read more
There are 40 million renters in America. Their ‘political mobilization’ could influence the midterm elections.
Forty-four million households rent in the United States — but are politicos treating those tenants as an influential voting bloc? Renters have historically been less likely to vote when compared to Read more
Renters in these properties have seen prices jump by $400 since February 2020
If you’re dreading the first of the month, you’re likely not alone. Rental costs for single-family homes were up 26% in August from the pre-pandemic prices of February 2020 — Read more
New York City’s housing market now resembles 2008 in one critical way — and it’s especially bad news for renters
New Yorkers’ rents are rising. The same can’t be said for their wages. New York City’s rental costs soared by 13.4% between August 2021 and August 2022 when adjusted for Read more
Fannie Mae launches pilot program to include on-time rent payments in credit reports. Here’s why this could be a game changer for renters.
When tenants pay their rent on time, it largely fails to improve their credit scores, while homeowners reap the benefits of better credit by making their mortgage payments. That lopsided Read more
‘We feel like it’s rent gouging’: Renters meet with Biden administration officials to decry steep increases by landlords
With rental prices rising nationwide, there has never been a better time to examine how high housing costs impact everyday Americans. The Rental Trap is a new MarketWatch column profiling tenants’ Read more
With rents at record highs, ‘it’s tough to see how renters — whether or not they want to buy a home — will ever catch up’
Tenants are caught between too-high rents and too-high homeownership costs, depriving them of the American Dream. That was the bleak picture lawmakers and housing experts painted of America’s renters at Read more
For renters priced out of the housing market, there are still ways to keep your homeownership dream alive
Today’s housing market can feel like a dream killer. Rising mortgage rates, high home prices and a shortage of properties for sale deliver a one-two-three punch. If you’ve been knocked Read more
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