With more and more individual investors looking to real estate as just another money-making commodity to add to their portfolio, rents are being driven to unreachable heights for all but the wealthiest among us.
After decades of inaction, the Department of Housing and Urban Development has begun to move against two localities for allegedly violating the Fair Housing Act.
Rising rates will obviously send monthly payments higher, but they'll also affect the market in a more unusual way: They're going to hurt all-cash investor purchases of housing, which have been a boon to the most distressed markets.
Despite social class segregation in housing, people of vastly different economic circumstances are likely to share the same subway car, at least for a few stops.