BUSINESSBUSINESS INSIDER
The 3 biggest challenges US homeowners and renters are facing right now
US homeowners and renters face rising housing costs, with property taxes up 31% and insurance premiums up 72% since 2019. Half of renters are cost-burdened, and high mortgage rates and inflation are keeping households from moving. Local governments are seeking solutions as construction slows and vacancies rise.
Mentioned
Related Signal
Adjacent reporting
- Property taxes are surging. See what homeowners by state and county.
- ‘It’s quite distressing’: rate rise brings new pain for would-be homebuyers
- Why your 'fixed' mortgage payment keeps going up
- What's YOUR inflation rate? Homeowners with mortgages hit harder by price rises than renters
- Madrid protestors target rising rents and housing shortage