Rent affordability: 11 million Americans spend half their income on rent – Jun. 22, 2016 » Mortgage Masters Group
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But there is less equality of opportunity in the US today than there is in Europe – or, indeed, in any advanced industrial country – and none of the resulting inequality in income and wealth is.
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decades, millions of affordable rental homes have been built and. much needed housing for low- and moderate-income Americans. Today, the.. mortgage lender or public agency, spend more than half of their monthly income on rent. n renter eholds half.. group, says the low-income housing tax credit (LIHTC) has.
Rent affordability: 11 million Americans spend half their income on rent – Jun. 22, 2016 Mortgage Masters Group In other words, there are roughly 11 million millionaires in America. This count is at a record high thanks to a bull market in stocks, bonds, and real estate.
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11 million Americans spend half their income on rent. By Kathryn Vasel June 22, 2016: 12:04 AM ET. age groups, incomes and different types of households," said McCue.. While renters are paying more, affordability is improving for those who own their homes.. Do this before your next mortgage payment (it's genius!)