America's Rental Housing 2020 - Discover Suncoast Homes

America’s Rental Housing 2020

America’s Rental Housing 2020.

Supply, Demand and Income.

Despite slowing demand and the continued strength of new construction, rental markets remain extremely tight. Vacancy rates are at decades-long lows, pushing up rents far faster than incomes. Both the number and share of cost-burdened renters are again on the rise, especially among middle­income households. These conditions reflect fundamental market changes since the recession, including an influx of higher­income households, constraints on new supply, and substantial losses of low-cost rentals. With only limited federal support, state and local agencies are doing what they can to expand the affordable housing supply. What is needed, however, is a comprehensive response from all levels of government to address the scale of the nation’s rental affordability crisis.

Click HERE to download the report. Be patient.

For Specific Information contact us at (941) 921-2117 or EdBertha@DiscoverSuncoastHomes.com

Burns & Bertha – Changing Lives – Red Line Investors – © 2020
www.DiscoverSuncoastHomes.com

Reprinted with permission of Joint Center for Housing Studies of Harvard University. All rights reserved. ©Joint Center for Housing Studies of Harvard University®

Burns & Bertha

Burns & Bertha

Ed Bertha (941)-921-2117 relocated to Sarasota from Pittsburgh, PA in 1982 and has a deep understanding of the market’s idiosyncrasies and dynamics. Kim Burns (215) 499-0444 moved to Sarasota from Philadelphia, PA in 2015 and her holistic approach to occupational therapy from her practice up north incorporates a low-stress atmosphere to the real estate process.

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