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Despite Falling Prices, Housing Burden Still High for Middle Class

Though home prices have fallen dramatically as a result of the housing bust, paying the monthly cost of renting or owning a home hasn?t become any easier for many middle-income Americans families, a new study finds.
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Renting costs £200,000 more than homebuying – even before house price gains are banked

Business & Finance : Telegraph.co.uk Finance Blog (3 years ago)

Don’t tell ‘generation rent’ – or rising numbers of people unable to buy their own home – but Barclays Bank reckons it costs nearly £200,000 more to remain a tenant for life than it does to become a homeowner. Worse still, interest ... Read Post

"The Rent Is Too Damned High"

Business & Finance : Zero Hedge (last year)

“In 1960, about one in four renters paid more than 30% of income for housing. Today, one in two are cost burdened,” according to a new study (ironically) by Harvard University. As Bloomberg BusinessWeek's Peter Coy notes, the availa... Read Post

'Panic Selling' In London Drives Fear That The UK Housing Bubble Is About To Burst

Business & Finance : Business Insider: Clusterstock (4 months ago)

Jim McCluskey/Flickr, CC There is one topic of conversation in Britian right now: The insane price of property, both to own and to rent. People on modest, middle class incomes who bought houses for a few hundred thousands pounds in ... Read Post


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