"Within one month our revenues had jumped over 50%."

Monthly Rent is Higher Than the Monthly Mortgage Payment in USA

Americans continue to be unable or unwilling to buy a house.  Many still remember what happened in the housing bubble not just a few years ago. Meanwhile, this the demand for rentals have exploded, so much so that average rents are much higher than average mortgage payments. The chart on the left illustrating the evolving trends: Read more at Business Insider

 

Tags:

Author:Umut Yildirim

Umut Yildirim is a business contributor to Globial Talks Business. his passions include the economy, world issues, and global trade.

Subscribe

Get our news and articles

No comments yet.

Leave a Reply

CommentLuv badge