Rising Rents, Income Stagnation Force Renters to Pay Bigger Share of Income in 2017 According to Zillow, rising U.S. housing rents are eating up an increasingly large share of American incomes, costing the typical renter $2,000 per year. Currently, the median U.S. rental requires 29.1 percent of the median monthly income. However, in the years leading up to the housing bubble, renters spent just 25.8 percent of their income on housing. That...Read More
March 28, 2016
We have just started a joint venture with Hutchinson & Co to help us with the many workload of USA and Canada clients buying property in other parts of the world. About Hutchinson & Co Hutchinson & Co was founded by Peter Hutchinson (Company Chairman) in 1985 to act as Collection Agent for a single Vacation Ownership resort in Portugal. More resorts soon came on-board and as the company grew, Peter formed Hutchinson & Co Limited in 1987, followed by Hutchinson & Co Trust Company Limited (Hutchinson) in 1990.