{"id":123096,"date":"2021-11-09T06:30:20","date_gmt":"2021-11-08T23:30:20","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-rental-charges-are-taking-up-larger-chunks-of-americans-income-putting-a-further-squeeze-on-struggling-households\/"},"modified":"2021-11-09T07:08:06","modified_gmt":"2021-11-09T00:08:06","slug":"rising-rental-charges-are-taking-up-larger-chunks-of-americans-income-putting-a-further-squeeze-on-struggling-households","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-rental-charges-are-taking-up-larger-chunks-of-americans-income-putting-a-further-squeeze-on-struggling-households\/","title":{"rendered":"Rising rental charges are taking up larger chunks of Americans\u2019 income, putting a further squeeze on struggling households"},"content":{"rendered":"


\nSharp rent increases in many parts of the country are eating up a bigger share of Americans\u2019 monthly income, squeezing tenants already grappling with rising prices for gasoline, food and other necessities.Households with a median rent of US$1,179 in August tapped 30.3 per cent of their monthly income to pay their rent, up from 29.4 per cent a year earlier, according to an analysis by Zillow. The real estate information company examined data on median rents and household incomes across 50 of the\u2026
\n
\nSource : South China Morning Post
\nRead more…Rising rental charges are taking up larger chunks of Americans\u2019 income, putting a further squeeze on struggling households<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sharp rent increases in many parts of the country are eating up a bigger share...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123096","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-w1q","jetpack-related-posts":[{"id":23097,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirates-reit-rising-rent-income-defies-slow-commercial-market\/","url_meta":{"origin":123096,"position":0},"title":"Emirates Reit rising rent income defies slow commercial market","date":"August 16, 2016","format":false,"excerpt":"\r Rental income from the \u00adDubai offices, shops and schools owned by Emirates Reit jumped by more than 25 per cent in the second quarter of the year as occupancy levels rose despite a slowing commercial property market.The UAE's only quoted real estate investment trust reported that the income it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pphs-income-ceiling-allows-govt-to-prioritise-families-in-greater-need-of-temporary-housing\/","url_meta":{"origin":123096,"position":1},"title":"PPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housing","date":"October 6, 2021","format":false,"excerpt":"\r PPHS income ceiling allows gov\u2019t to prioritise families in greater need of temporary housingDelays in the construction of BTO flats, increased competition for open market rental, and the growing number of those who work from home have led to more demand for PPHS flats. The income ceiling of $7,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/HDB-EIP.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":39557,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-introduces-three-per-cent-municipality-charge-on-households\/","url_meta":{"origin":123096,"position":2},"title":"Abu Dhabi introduces three per cent municipality charge on households","date":"January 4, 2017","format":false,"excerpt":"\r ABU DHABI \/\/ The new municipality fee payable by every expatriate tenant in Abu Dhabi is to be backdated to February last year. The fee, equivalent to 3 per cent of a tenant's annual rent, has begun appearing in water and electricity bills from Abu Dhabi Distribution Company.\u200bThe backdating\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120617,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-household-incomes-more-condo-dwellers-seen-over-past-decade\/","url_meta":{"origin":123096,"position":3},"title":"Rising household incomes, more condo dwellers seen over past decade","date":"June 21, 2021","format":false,"excerpt":"\r The median monthly household has risen by 3.3% per year, while there were more households living in condominiums and other apartments in 2020 compared to a decade ago.\u00a0 Household incomes in Singapore have continued to increase in both real and nominal terms in the past 10 years, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/Singapore-Financial-District.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":91368,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hongkongers-will-feel-the-squeeze-as-mortgage-rates-gain-momentum\/","url_meta":{"origin":123096,"position":4},"title":"Hongkongers will feel the squeeze as mortgage rates gain momentum","date":"June 14, 2018","format":false,"excerpt":"\r The monthly mortgage repayment of homeowners in Hong Kong is expected to rise to 70 per cent of their monthly income by the end of this year \u2013 the highest level in nearly two decades \u2013 as mortgage rates kick upwards and home prices show no signs of abating,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nearly-half-of-hong-kong-flats-rent-for-us2550-a-month-70-per-cent-of-median-household-income\/","url_meta":{"origin":123096,"position":5},"title":"Nearly half of Hong Kong flats rent for US$2,550 a month \u2013 70 per cent of median household income","date":"August 20, 2018","format":false,"excerpt":"\r Candy Lau knew she would have to pay high rent for her new walk-up studio in Hong Kong. But she was not expecting roommates \u2013 a bunch of cockroaches. \u201cI came to realise that the housing market is expensive and I cannot be that demanding,\u201d said Lau, a 28-year-old\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123096"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123096"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123096\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}