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The Nexus
BUSINESSJun 19 · 09:22 UTCBUSINESS INSIDERMartina Nacach Cowan Ros,Allie Kelly ([email protected])

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.

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