Oh my...the rental housing affordability challenge worsens...low income and middle class renters are feeling the squeeze as rents continue to get pushed up and new development continues to focus on Class A properties. At the same time home ownership affordability is improving ("While renters are paying more, affordability is improving for those who own their homes. The number of cost-burdened homeowners declined in 2014 for the fourth consecutive year, according to the report, thanks to low mortgage rates.").
