Hyojung Lee, Whitney Airgood-Obrycki, Riordan Frost
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January 27, 2024
In the past decade, there has been a great deal of attention paid to and speculation about the residential mobility and location decisions of millennials. Academics and…
Harvard Joint Center for Housing Studies
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January 25, 2024
Climbing rents in recent years propelled US cost burdens to staggering new heights: in 2022, half of all US renters were cost burdened. This all-time high of 22.4 million…
After the onset of the COVID-19 pandemic in the United States in March 2020, there was a spike in the number of people moving—both permanently and temporarily—and a…
Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen
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February 12, 2022
The United States is in a housing affordability crisis, with nearly half of all renter households spending more than 30% of their incomes on rent and utilities each month.…
Harvard Joint Center for Housing Studies
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January 21, 2022
Rental housing demand came roaring back in the second year of the pandemic, reducing vacancy rates and driving up rents. However, lower-income households that took the brunt…
Are Millennials leaving town? Yes, they are. Are young adults leaving town? No, they are not. The seemingly contradicting answers are due to the fact that age and birth…
In the 1980s, nearly one in five Americans moved every year. About one in ten Americans moved between 2018 and 2019. Residential mobility rates have been falling for decades…
Hyojung Lee, Dowell Myers, Johanna Thunell, Julie Zissimopoulos
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March 1, 2020
This study examines the role of direct parental assistance in their adult children's home buying, net of other resources. Past research has cited the importance of down…
Harvard Joint Center for Housing Studies
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January 31, 2020
Despite slowing demand and the continued strength of new construction, rental markets in the US remain extremely tight. Vacancy rates are at decades-long lows, pushing up…