When the tenant moves out, the landlord is free to quadruple the rent should he desire. Income gaps are widening and turning many working class families into the poor and almost homeless class. The situation has now escalated to a housing crisis. The Nation s Mortgage Brokers have recently come out with new data on national affordable housing. Renters are more greatly effected by this type of inflation.
Median income varies from one part of the country to another.
More working class families are being priced out of the housing market today. It has always been know that low-income families were having problems but this recent report from the NMB has now revealed that the problem is now reaching the middle class. Roommate Locator Inc.