Home The New Economy  Homeowners Challenged by More Than Mortgages
  Share
Sunday, November 2,2008

Homeowners Challenged by More Than Mortgages

By Ken Reibel

It's not just mortgage payments that are keeping homeowners up atnight-housing expenses in general are on the rise. A recent study by the Center for Housing Policy, the research affiliate of the National Housing Conference, reveals that rising housing expenses, including property taxes, insurance, utilities and more, are impacting virtually all segments of the housing market, including renters.

The study, "Stretched Thin: The Impact of Rising Housing Expenses on America's Owners and Renters," says that from 1996 to 2006, all major homeowner expenses increased faster than incomes. Mortgage payments increased 46%, utilities 43%, property taxes 66% and property insurance 83%. During that same period, incomes only increased by 36.3%.
  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
 
 
..Search Shepherd Express
  • Thu
    8
  • Fri
    9
  • Sat
    10
  • Sun
    11
  • Mon
    12
  • Tue
    13
  • Wed
    14
Search in Events
2009-01-08 7:30pm
Comedy
Live! Interactive! Improv Comedy For the Whole Family! Bring the kids, bring Grandma, heck, even bring the dog! Come see the longest running comedy Show in Milwaukee.
Location: Central Milwaukee
Express Milwaukee Blog Network
intergalactic misanthropic tea-drinker: Daily Twitterings
  • 09:52 Have to go to Tippe for EH. FUCK. Well, that takes a good two hours of my morning off away due to bussing. #
  • 11:34 Can't even find my buss pass. Awesome. #
  • 11:36 Pfft. But ancient bus tickets are a go. #
  • 14:39 Lawl, person [...]

..Search Shepherd Express