California Focus: Renters now getting slammed, right along with home buyers ...Middle East

Ukiah Daily Journal - News
California Focus: Renters now getting slammed, right along with home buyers
A UC Berkeley study the other day concluded that home buyers in California now pay double each month what apartment dwellers shell out for rent. That’s right: It takes twice as much ready cash to live in this state as a new homeowner than as a renter, for a comparable property. That’s also the conclusion of a year-long study by Dwellsy, a Los Altos-based Internet platform that often assists renters in finding houses, townhomes, condominiums and apartments. Despite the high levels of today’s California rents, this is a new reality, spurred in part by the steadily rising interest rates on today’s mortgages. It means that fewer folks than ever can afford to buy, and helps explain the relatively

Hence then, the article about california focus renters now getting slammed right along with home buyers was published today ( ) and is available on Ukiah Daily Journal ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( California Focus: Renters now getting slammed, right along with home buyers )

Apple Storegoogle play

Last updated :

Also on site :