Economic Center Blog
Welcome to the First American Economic Center Blog, a top source for the latest housing market research and analysis driven by Chief Economist Mark Fleming.

Where Rent-Burdened Households Declined The Most

By Odeta Kushi on March 11, 2020

Beginning in 2011 and continuing through 2018, the share of rent-burdened households declined nationally – a trend reversal from the decade between 2000 and 2010. According to the Department of Housing and Urban Development, rent-burdened households spend over 30 percent of their income on rent. However, as the old adage goes, it’s all about...

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Topics: Affordability Renter Affordability

Why The Share Of Rent-Burdened Households Has Declined In The Post-Recession Era

By Odeta Kushi on March 2, 2020

After nearly 20 years of rising rents, renter affordability, or the lack thereof, is a hot topic in housing. The long-running increase in rents has fueled a rise in the share of rent-burdened households, defined by the Department of Housing and Urban Development (HUD) as households that spend over 30 percent of their income on rent.

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Topics: Affordability Renter Affordability