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Benzinga
Benzinga
Politics
Phil Hall

The Crisis In Housing, Part 2: The Multifamily Conundrum

United States LIHTC RentCafe Zumper

Several recent data studies by leading housing market analytics firms are showing the state of U.S. rental housing as being in something of an existential crisis.

Realtor.com, a division of News Corp’s (NASDAQ:NWS)(NASDAQ:NWSA) subsidiary Move Inc., reported the U.S. median rental price in February was $1,792, up 17.1% year-over-year and a new high. February also marked the seventh consecutive month when rents spiked by double-digit percentages.

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