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Nashville is one of the fastest-growing U.S. cities and increasingly a destination for immigrants. Joe Sohm/Visions of America/Universal Images Group via Getty Images

Excessively high rents are a major burden for immigrants in US cities

The US economy relies on immigrants to fill jobs, but many of them are struggling with high rent burdens that make it harder to build productive lives and integrate into their communities.
As the dream of home ownership eludes more and more older Australians, this has big implications for retirement, pensions and government spending on rental assistance. Billion Photos/Shutterstock

When falling home ownership and ageing baby boomers collide

Until now most people have eventually owned a home. But two trends – falling ownership and a growing aged population – will put the budgets of retirees and government under real pressure.

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