Items Tagged with 'market rate'


Market-rate housing saturation compels a new plan

January 13, 2017
One year ago, public discussion in Grand Rapids seemed to have enough momentum to portend promise of affordable housing problem solving, but as the new year begins, developers, lenders and brokers told the Business Journal they’re treading lightly into future — with market rate developments. Read More

Market rate rents far exceed market pay levels in region

January 8, 2016
Grand Rapids Business Journal’s reporting on the problems associated with market-rate rent prices and affordability provides additional information as the Grand Rapids City Commission reviews and revises its Great Housing Strategies plan, adopted in mid-December as a work in progress. Read More

Market rate rent: ‘a problem that needs to be solved’

Study finds the number of severely cost-burdened renters is at record levels.

January 1, 2016
With thousands of new apartment units coming on line in downtown Grand Rapids in the next year, the “market rate” rent attached to them has created much discussion, and not just among renters. Read More