Renters and Homebuyers Are Suffering From the Fed’s War on Inflation
November 10, 2022
At the beginning of the pandemic, Arin Lopez, 47, and Derek Swenson, 35, started thinking about buying a home to get their family out of the two-bedroom apartment they’ve long rented in central Phoenix. But every home they liked had multiple offers over asking price within a day or two of going on the market. So they kept renting, even though their two sons, both under 10 years old, had to share a bedroom.