“Still, the outlook isn’t necessarily dire for the average family. Rent consumes less than half of a typical household’s income,”
HALF a household income on rent? That seems very high to me.[/quote]
And economists keep wondering why household spending is not picking back up and the economy isn’t growing like it should. Plenty of landlords out there that would probably prefer to be collecting 4% yields from a CD or safe bond rather than rental properties but there’s no other options.
It be be interesting if the government attempts to protect renters at the expense of landlords during the next recession.
