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They have very low housing costs.
But many of today's pensioners have low housing costs having paid off their mortgages.
In the 1980's artists began to move in, attracted by low housing prices and the beauty of the area.
Even for a worker holding two jobs, wages are too low, housing costs too high for minimally decent survival.
Relatively low housing prices continue to depress aggregate wealth levels, the Fed's Flow of Funds report shows.
"While levels are still low, housing has been the strongest part of the economy in growth terms".
And all those states I just mentioned are warm and have plenty of available land and very low housing prices.
In recent years, the old balance has begun to shift as newcomers have been drawn by the beauty, relatively low housing costs and economic opportunity.
For the residents of Rio Linda, it meant artificially low housing prices that working-class wages and G.I. Bill mortgages could meet.
The final red bar is Mr. Zandi's projection of how low housing will go in this decade before it bottoms out.
Similar(1)
For some families, the financial well-being of several generations is at stake.The usual argument for rent controls is that New York has a very low housing-vacancy rate (4%) and that the only way to ensure the availability of affordable homes in such a tight market and to prevent tenants from being evicted in favour of new, higher-paying occupants is to regulate rents.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com