US housing market squeezing would-be buyers, hiking rents

A diminished supply of available homes is swelling prices in large US metro areas from New York to Miami to Los Angeles, squeezing out would-be buyers and pushing up rents as more people are forced to remain tenants.   The trend is pressuring Americans’ budgets, with about one-third of households spending more than 30 percent…
Source: nypost Real estate
US housing market squeezing would-be buyers, hiking rents