Raise Homeownership by Lowering Rents –

Raise Homeownership by Lowering Rents – Homeownership rates tend to be higher in places where rents are more affordable. Las Vegas is a rare market that boasts good affordability, but a lower homeownership rate. Los Angeles has terrible rental affordability and mortgage affordability, and a very low homeownership rate. Renting is traditionally a stepping stone to homeownership. And an affordable rental market typically coincides with higher homeownership rates, accordin… http://ow.ly/2ZcOWl

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