And rental housing isn't getting cheaper, despite rising vacancy.
Posts Tagged ‘rental housing’
Even for wealthy renters, incomes aren't nearly keeping up with rents.
The District's expensive housing market is placing a major strain on the financial stability of the city's residents, with more than half of rental households paying more than they can afford in rent, according to a study released today by the Urban Institute.
Slightly more than half, or 51 percent, of D.C. rental households pay more than [...]
Per-capita income in the D.C. region is $61,743 as of 2012. That sounds pretty high. Between 2008 and 2012, per-capita income in the region increased by 5.4 percent. That sounds pretty good.
Except that incomes weren't the only thing rising. According to a new report from the Center for Regional Analysis at George Mason University, the [...]
Got 27 hours in your day? If not, and you're a minimum-wage worker in the District, you're out of luck. That's how many hours you'd need to work every weekday in order to afford fair-market rent for a two-bedroom apartment in D.C., according to a recent study by the National Low Income Housing Coalition.
But if [...]
Last week I presented a few charts and maps of the demographic changes the District has experienced, courtesy of a project by the Urban Institute. Now, using a new tool from the U.S. Census Bureau, I've been able to create some additional maps that show just how much the city has been transformed over the [...]
Yesterday, Harvard's Joint Center for Housing Studies released a report on the rise of renting in America—and the parallel rise in the housing-cost burden for renters. The long trend toward homeownership, the study finds, has reversed, with the rental share of households climbing from 31 percent in 2004 to 35 percent in 2012. Meanwhile, the percentage [...]
Downsizing is the name of the game these days, but with the city's tiniest houses not yet eligible for actual residency, a true microdwelling can be hard to come by. Fortunately, a house on Capitol Hill has you covered.
A Craigslist ad was posted yesterday for a house—a full house, mind you, not a basement or [...]