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Tag Archives: Rent

The Big City Rental Problem

While other cities experience shifts from rental to homeownership in the face of high rent costs, Detroit has reached a higher percentage of renters compared to homeowners. This could cause city official to re-evaluate how to ensure stability.

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High Rents are Creating First-Time Homebuyers

Many would-be homebuyers cannot afford a down payment because they are putting so much money toward rent, while the reason they are putting so much money toward rent is they can't afford a down payment. A recent survey shows which way they might be leaning.

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The Retiree Dilemma—Rent or Own?

A question on the minds of many older Americans trying to find balance between their housing needs and financial situations as they prepare to retire is the decision to rent or own a home.

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