is rising, spending is falling and there's been a shift in spending to more necessities rather than luxury-type purchases, he said.
Typical first-time homebuyers are priced out of the market, so they rent for longer. Now, even as house prices are falling,Rents are sticky. They aren't likely to climb much further, LaSalvia said, but don't expect them to fall much from where there are now.
KattyKay_ 30% was always what I was told was acceptable.
How do you ever get ahead? You don't.
And yet this gonna fall on deaf ears at the local, state and federal levels.
i think it’s a lot more than 30%
It's ridiculous in FL! What is the governor going to do about this? RonDeSantisFL
Who spends his or her day thinking of this claptrap?
If you don't understand by now, this was the plan of this admin, this is not a symptom!
Why states need to impose rent-control.
Where is it highest? Florida cause insurance premiums And greed.
Corporations buying up all of the housing stock isn’t helping either.
they've tried not building houses and they've tried NIMBYism and they're all out of ideas to fix it
The screams for help are deafening
Most renters I know are spending 50% or more, not 30%. Rent is high, properties make excuses for broken amenities, and while employment is high wages are nowhere near keeping up with inflation.
This is what happens when properties are for profit.