The Big Picture: This week, the media largely focused on the state of the industry. Other notable stories covered local housing policy developments, namely rent control.
Industry Hot Topics
Topics that dominated the media landscape this week
The average American renter is now paying more than 30 percent of their income on housing, as wages have failed to keep up with rent hikes and affordable units remain scarce.
No metro area among the nation’s 50 largest saw a faster decline in residential rent over the last 12 months than the Valley, according to a recent report.
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