Landlord, Inc: Are Corporations Really Buying Up America’s Homes?

<p>The cost of housing in the USA is expensive &mdash; really expensive. Over the last six decades, purchasing or renting a home has become increasingly burdensome, with prices rising significantly relative to median income. According to research conducted by Pew, the cost to buy a home for an average American family has jumped from 2.7 times the median income in the 1960s to 5 times the median income today. In that same time frame, rent as a percentage of median household income has increased from 25% to 35%, according to the US Census taken in 2020.</p> <p>As you might expect, the issue is more pronounced in cities, where housing regularly consumes nearly 10% more of income than in rural areas. This has historically been driven by the constant population shift from rural to urban living, which continued from the late 1700s to the 2010s.</p> <p><a href="https://medium.com/@project_medici/landlord-inc-are-corporations-really-buying-up-americas-homes-c02420de7334"><strong>Visit Now</strong></a></p> <p>&nbsp;</p>
Tags: Americas Homes