Tuesday, August 09, 2005

No Where is Affordable

There is nothing wrong with renting. In this over heated housing market, where amateurs are getting into the landlord game, it seems that like there are plenty of rental bargains to be had. Even in some of the nicer towns, such as Fair Haven, I have noticed a few single family houses up for rent.

“WASHINGTON - Housing prices are far outstripping salary increases for low- and moderate-income jobs, putting the American dream of owning a home beyond the reach of teachers, firefighters and other community workers in many cities, said a study being released today.

The report, by a coalition advocating affordable housing, found that even cities once considered affordable, such as Tulsa, Okla., are rapidly becoming too pricey for lower-income workers such as janitors and retail sales employees.”

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