Affordable Housing Blog
Share Print View
CNBC Reports Rate Increases in Rental Housing
Last week, CNBC reported on a survey that an overwhelming 88% of rental housing property managers raised their rents in the last 12 months, and more rent increases are expected this year. The survey in the CNBC report included more than 500 property managers.  CNBC also noted that this anticipated 8% increase for 2015 is on top of a 6% increase in 2014.
CNBC also noted that one in four renters were severely rent burdened, spending more than 50% of their income on rent, in 2013.  The total number of households severely rent burdened was 11.2 million and that number is set to rise to a record 11.8 million this year and 13.1 million by 2025.


There are no comments yet for this post.

Privacy Policy | Terms of Use and Conditions | Statement of Client Rights
This website contains attorney advertising. Prior results do not guarantee a similar outcome. © 2018 Nixon Peabody LLP
expand 1. HUD / RD

AFHS alerts
Elderly Housing -- Section 202
FHA Insurance and Risk Sharing
Preservation - HUD OAHP and Mark to Market
Section 8 Renewal Contracts
Utility Allowance
expand 2. Local & Regional

California and West Coast
Housing Production Trust Fund
New York and Northeast
expand 3. Energy Tax Credits

expand 4. Historic Rehabilitation Tax Credits

Historic Rehabilitation Tax Credits
expand 5. Low-Income Housing Tax Credits

expand 6. New Markets Tax Credits

New Markets Tax Credits
expand 7. Real Estate

expand 8. Specialty

Freddie Mac
LGBT Housing
Tax-exempt Entities
expand 9. Video