Recent Numbers Reveal Home Ownership Moving Out Of Reach In Kansas City
Quick look at stats regarding home ownership in KCMO . ..
The homeownership rate in Kansas City fell from 71.3% to 63.0% from 2007-2016
The drops were biggest among Asian Americans, where homeownership fell by 9.5%
Rents increased by 4.7% since 2007, even as owner costs (mortgage, maintenance, etc.) fell by 11.1%
Here's a national look at this trend that inspired these numbers.
More in a bit . . .