Rising Rents, Stagnant Wages, And the Burden of Unstable Housing

Posted from: https://www.zillow.com/blog/high-rents-homeless-221185/

While homelessness may not be viewed as a looming issue on the horizon for those who are financially stable, or otherwise have secure and stable housing-it’s not as distant as some might think. With rents rising faster than wages, the burden of affording rent is looming larger and larger for many Americans, and in some cases becoming insurmountable.

According to the Zillow Group Report on Consumer Housing Trends 2017, 79 percent of…

Posted from: https://www.zillow.com/blog/high-rents-homeless-221185/

While homelessness may not be viewed as a looming issue on the horizon for those who are financially stable, or otherwise have secure and stable housing-it’s not as distant as some might think. With rents rising faster than wages, the burden of affording rent is looming larger and larger for many Americans, and in some cases becoming insurmountable.

According to the Zillow Group Report on Consumer Housing Trends 2017, 79 percent of…

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