Housing Market 2016 in a Best of Times, Worst of Times Moment

The story of the U.S. housing market is the story of growing inequality.

1 minute read

June 23, 2016, 8:00 AM PDT

The Associated Press reports on the state of the U.S. housing market this week, finding a thriving market for homeowners and renters falling further behind.

On one-side of the equation are homeowners, benefitting for growing equity and reduced mortgage payments from ultra-low interest rates. On the other side of the equation are renters, facing stagnant wages and rising rents.

The article's in-depth coverage draws evidence from the recently released "The State of the Nation's Housing" [pdf] report by the Joint Center for Housing Studies of Harvard University. The article also includes a tour of local markets, from Florida to Nevada to California to Missouri and more.

FULL STORY: 10 years after housing peaked, U.S. is more of a renter nation

Tuesday, June 21, 2016 in Associated Press via Chicago Tribune

Housing United States Real Estate Market Housing Market Homeowners Renters Inequality View More

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