The story of the U.S. housing market is the story of growing inequality.
The Associated Press reports on the state of the U.S. housing market this week, finding a thriving market for homeowners and renters falling further behind.
On one-side of the equation are homeowners, benefitting for growing equity and reduced mortgage payments from ultra-low interest rates. On the other side of the equation are renters, facing stagnant wages and rising rents.
The article's in-depth coverage draws evidence from the recently released "The State of the Nation's Housing" [pdf] report by the Joint Center for Housing Studies of Harvard University. The article also includes a tour of local markets, from Florida to Nevada to California to Missouri and more.
Read the full story: 10 years after housing peaked, U.S. is more of a renter nation
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A higher share of Americans are renters than at any point in decades. Neighborhoods all over the country, especially in downtowns, have many more renters than they did in 2010.
As Home Prices Rise, So Does the Number of Renters
The intense competition in today's housing market means more people might have to settle for rental housing.
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Everywhere but San Francisco and New York City, urban housing markets are just as hot for sellers as suburban markets, according to data released recently by Zillow.
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