Archive for the 'wall street' Category

Share of income spent on rent is at generational highs: In Los Angeles the amount spent on rent remains near 50 percent of income.


Large investors make the full exit: Big rental investors like Blackstone are now selling properties to current renters.


Who needs a mortgage? Mortgage applications running near multi-decade lows while mortgage rates fall.


Let the serfs pay their rent: Rental income held steady from 2000 to 2007 but has now risen a whopping 240 percent since the Great Recession hit.


The battle between traditional buyers and cash buyers: Cash buyers still make up over 30 percent of market and purchase applications fall to lowest level since December of 2000.


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