Tag: housing costs

Buying a home is more expensive today than any time in U.S. history—and it’s disproportionately affecting young Atlantans, as they tend to have lower incomes and less savings. To get into the game, they are settling for fixer-uppers, scraping together down payments, and taking on higher insurance premiums.

The richest Atlanta households earn almost 20 times more than the city’s poorest residents: $288,159 compared to $14,988.

Yes, the rent is too damn high, according to the 2013 "Housing Landscape" report published last week by the Center for Housing Policy. The Center concluded that housing problems are getting worse for working renters, because, while incomes have gone—and stayed—down, rents have gone up —and are still going up.