The gap between renters and owners is widening: Read report for additional insights!

Hi Friend,

NCRC has just published our comprehensive analysis of mortgage data and trends. Last year, mortgage lending was shaped by rising home prices and a return to historically normal interest rates, creating an unprecedented perfect storm: high values attracted home investors looking for expensive assets and rental revenue, while higher borrowing costs limited the options for homebuyers.

NCRC’s sweeping and detailed report, available here ([link removed] ) , provides both a summation of what’s already happened and a preview of what may be to come.

In short, the gap between renters and owners is widening. Homeowners are trapped in gilded cages, unable to move due to rising rates, while renters face skyrocketing rents, making it impossible to save for homeownership.

Read Report Here
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The future hinges on local communities. They need to curb the influence of market-distorting investors and build more housing—denser and cheaper than today’s single-family mini-mansions.

The local changes the housing market requires to function correctly are only possible with corresponding change at wider and higher levels of market activity and oversight. The problem demands a reconfiguration of housing finance.

For more information, read the full report ([link removed] ) .

Thanks for all that you do!

Team NCRC

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