Renters, Able to Take on More Debt, Are Primed to Buy

Another year in housing is winding down, and though the outcome of the election has brought several theories as to its future, one fact is clear: climbing prices, still-rigid lending standards, student loan debt, and tight supply are continuing to keep renters on the sidelines of homeownership.
Will 2017 be their year?
A recent study presents evidence to the affirmative. Renters are not “materially constrained” by steep rental costs now that the recession is in the rearview, accordin