What we're seeing is that even in high poverty neighborhoods, the average cost of renting is quickly approaching the total income of welfare recipients and low wage workers.
Hillary Clinton is getting a little bit of controversy because she has the most expensive hometown office rent - over $500,000 a year. She's in a one-year lease in the office, as opposed to her marriage, which is on a month-to-month.
Quality, affordable housing is a key element of a strong and secure Iowa.
The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.
If it flies, floats or fornicates, always rent it.. it's cheaper in the long run.
It's cheaper to buy a house and finance it than it is to rent in many markets.
My partner and I are looking at several locations on Park Avenue South and Midtown for a new restaurant space.
You see politicians talking about negative gearing or tax on your second home - most people I knew growing up couldn't afford the rent, let alone buying a house, or a second house.
We lived in so many flats, and the more people you could get, the cheaper the flat was. Someone was always sleeping in the living room, and you're always slightly hiding them when the landlord came round.
I told myself I never wanted to rent again. Even though it's a battle, I'm lucky cause I'm living in a cheaper part of the country. I just told myself I'm never going to do this again. I'm never gonna work, I'm never going to pay somebody rent again. I'm never going to sign another lease at least.
