CHART: How Rent Became More Expensive Than Mortgage Payments
Advertisement
In a slide titled "The After Math Of The Housing Bubble," JP Morgan Funds's David Kelly offers a chart of monthly
Advertisement
Americans continue to be unable or unwilling to buy a house. Many still remember what happened in the housing bubble not just a few years ago.
Meanwhile, this the demand for rentals have exploded, so much so that average rents are much higher than average mortgage payments.
Here's the chart illustrating the evolving trends:
JP Morgan Funds
Advertisement
Advertisement
- BHU study on Covaxin side effects poorly designed, critically flawed: ICMR Director General
- Chabahar port: Long-term pact to promote trade, connectivity with Afghanistan and Central Asia, says PM Modi
- 10 interesting things to do in Rishikesh
- Top trending international destinations for Indian travellers in 2024
- Silver Rate Today (May 20, 2024): Prices Across Major Indian Cities