Rental affordability declined in majority of American metro areas

Rental housing affordability declined in 82 percent of U.S. metropolitan areas, a new report from the Mortgage Bankers of America found. The report, Housing Demand and the Decline in Rental Housing Affordability, from MBA’s Research Institute for Housing America (RIHA), found that between 2014 and 2023 in 232 out of 282 metro areas...