Half Of American Renters Struggle With Unaffordable Housing Costs, Study Finds

Zero Hedge

With economists expecting another frothy core-CPI print north of 2% when the BLS releases its September update on consumer prices later this week, shelters costs – and particularly rent – are expected to be a major contributor to these gains (particularly since the price impact from the Trump administration tariffs hasn’t materialized yet). As we pointed out over the weekend, home prices, according to at least one study, have reached peak unaffordability, as a lack of supply (and already exorbitant household debt) inflates prices and constrains consumers’ ability to buy.

Categories Money

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