High housing prices leave more would-be buyers renting

Dec 31, 2021
The share of rental applications from young people with above-average incomes spiked 20% in 2021. The shift is rippling through the market.
As younger, higher earners stay in the rental market longer, it can limit their chances to build wealth and price out lower-income people.
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Searching for a rental as prices rise ... and rise

Sep 6, 2021
In Spokane, Washington’s hot rental market, finding an affordable home is “like a full time job” said Spokane Valley resident Kali Capps.
Because of Spokane, Washington's hot rental market, sales representative Kali Capps opted for an apartment out of her price range because “it was the absolute only option that we had,” she said.
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Rents are rising, and fast

Apr 23, 2015
Rents have increased by almost 4 percent and are likely to keep going.