Thursday, August 7, 2014

The apartment boom of 2014: more building, low vacancies, higher rents


 -by New Deal democrat

I have a new post up at XE.com taking a detailed look at the apartment boom, which is the only part of the housing market that has been growing in the last year.

My table didn't transfer correctly to XE, so read the story over there, and then come back and look at the table below:



YearMedian
Asking Rent
Usual weekly
earnings
Rent as %
of earnings
Real median
asking rent
198833038286649
199240143792677
199342245088690
200047856884658
200254560790717
200462062999777
200972373299797
201272176594740
2013   Q171877093722
2013  Q273577695741
2013  Q373677895738
2013  Q474678295746
2014  Q176679197763
2014  Q275678297746