Note: Infographics are a great way to sift through aggregated data and make sense of market current trends. While we might not fully agree with the conclusions drawn from such illustrations, the data within are often highly valuable to real estate investors – especially footnoted from reliable sources.
Case in point; According to AffordableOnlineColleges.net there is a “rental housing crisis” in the United States resulting from the recent housing crisis, economic recession and stagnant wages. There findings show that nearly half of all renters spend more than 30% of their monthly incomes on rent, with one in four paying more than 50% per month while at the same time driving homeownership to record lows.
Indeed, from the real estate investor point of view, this crisis could present opportunity.
Here is the infographic in its entirety:
