[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fnqqv2of6lhn3":3,"$ffeh0925h8cuz":38,"$fbwk2pqjjqsc7":42},{"item":4,"previous":26,"next":32},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":24,"updatedAt":25},397,"renters-it-is-about-to-get-a-lot-worse","Renters: It is about to Get A Lot Worse","We often promote homeownership over renting when a family is ready, willing and able to purchase. There are both financial and non-financial benefits to owning a home of your own. Based on the headlines below, many news outlets agreed with us after they reviewed a recent report from the \u003Cem>Harvard Joint Center for Housing Studies\u003C\u002Fem> and \u003Cem>Enterprise Community Partners\u003C\u002Fem>.","","blog","https:\u002F\u002Fsimplifyingmedia\u002Fwp-content\u002Fuploads\u002F2015\u002F09\u002F01162103\u002FWorse.jpg","We often promote homeownership over renting when a family is ready, willing and able to purchase. There are both financial and non-financial benefits to owning a home of your own. Based on the headlines below, many news outlets agreed with us after they reviewed a recent report from the \u003Cem>Harvard Joint Center for Housing Studies\u003C\u002Fem> and \u003Cem>Enterprise Community Partners\u003C\u002Fem>.\u003C!--more-->\r\n\r\nThe study states that the number of households spending 50% or more of their income on rent is expected to rise by over ten percent in the next decade. They concluded:\r\n\u003Cblockquote>\u003Cem>“Overall, this white paper projects a fairly bleak picture of severe renter burdens across the US for the coming decade.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nWhat do other experts think of the report? You can tell by the headlines they chose to introduce their stories:\r\n\u003Ch4>\u003Cstrong>“Renters, get ready to take it on the chin” -\u003Cem> CNBC\u003C\u002Fem> \u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ch4>\u003Cstrong>“The Rent Crisis Is About to Get a Lot Worse” - \u003Cem>Bloomberg Business\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ch4>\u003Cstrong>“Renters Will Continue to Struggle for the Next Decade” - \u003Cem>World Street Journal\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ch4>\u003Cstrong>“Why the renting crisis could be about to get a lot worse” - \u003Cem>Fortune Magazine\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ch4>\u003Cstrong>“Soaring rents are a problem that will only get worse” - \u003Cem>Business Insider\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ch4>\u003Cstrong>“High rents are here to stay” - \u003Cem>The Real Deal\u003C\u002Fem>\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you are thinking about buying a home and are financially positioned to do so, now may be better than later.\r\n\r\nYou can download the entire white paper here: \u003Ca href=\"http:\u002F\u002Fwww.enterprisecommunity.com\u002Fresources\u002FResourceDetails?ID=0100886\">Projecting Trends in Severely Cost-Burdened Renters\u003C\u002Fa>","\r\nIf you are thinking about buying a home and are financially positioned to do so, now may be better than later.\r\n\r\nYou can download the entire white paper here: \u003Ca href=\"http:\u002F\u002Fwww.enterprisecommunity.com\u002Fresources\u002FResourceDetails?ID=0100886\">Projecting Trends in Severely Cost-Burdened Renters\u003C\u002Fa>",false,[16,20],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time 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