Dec 10, 2013

If you can’t afford to own, you can rent. But what if you can’t afford to rent, either? Millions of Americans are in precisely that situation,

Via Bloomberg BusinessWeek,

If you can't afford to own, you can rent. But what if you can't afford to rent, either? Millions of Americans are in precisely that situation, according to a study released today by the Joint Center for Housing Studies of Harvard University. The availability of apartments, especially cheaper ones, hasn't nearly kept up with demand, and the problem has worsened since the 2007-09 recession, the study says.