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Harvard: Americans have more equity, less mortgage debt
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HousingWire

Harvard: Americans have more equity, less mortgage debt

Americans now have nearly as much home equity as they did when levels peaked before the housing crisis, according to a recent study on the state of the nation’s housing market from Harvard’s Joint Center for Housing Studies.
Rents on controlled apartments in Los Angeles can now rise 4%. Blame inflation
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Los Angeles Times

Rents on controlled apartments in Los Angeles can now rise 4%. Blame inflation

As of this week, landlords of Los Angeles rent-controlled buildings can raise rent by 4%, the first time in a decade the annual cap isn't 3%. The larger increase reflects higher inflation levels and comes as rising rents have been blamed for crimping household budgets and driving people into homelessness.
A New Approach on Housing Affordability
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The New York Times

A New Approach on Housing Affordability

A growing number of Americans are struggling to cope with the high and rising cost of rental housing in the United States. Democratic presidential candidates are promoting industrial-strength plans to ease the pain. The ideas come in two flavors: subsidies for renters, and efforts to increase construction.
Demand for apartments hits 5-year high
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Marketplace

Demand for apartments hits 5-year high

Overall the share of renters has fallen for the past two years, as homeownership has increased, according to the Joint Center for Housing Studies, but that's after years of growth in renters following the recession and foreclosure crisis.
This is what the typical first-time homebuyer looks like
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HousingWire

This is what the typical first-time homebuyer looks like

There were 3.1 million first-time homebuyers in 2016 and early 2017, according to a recent study on the state of the nation’s housing market by Harvard’s Joint Center for Housing Studies.
Not Enough Homes, and the Wrong Kind
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The New York Times

Not Enough Homes, and the Wrong Kind

Home building has barely kept pace with the number of new households in the United States over the last eight years, and much of what is being built is aimed at the higher end of the market, according to the State of the Nation's Housing report.