It is now official that the United States has turned into a renter’s paradise.  Think that is hyperbole?  Fifty-two of the 100 largest cities in the U.S. are now majority renter in terms of household composition.  And there is no clear pattern here.  You have places with incredibly affordable housing like Detroit tipping over into … Continue reading Living in a renter’s paradise: Renters now dominate over half of largest US cities. Between 2007 and 2016 approximately 7.8 million homes lost to foreclosure.