The Lehigh Valley’s median renter qualifies as cost burdened when it comes to housing these days, as affordability plummets. Households are considered cost burdened when they spend more than 30% of their income on rent, mortgage and other housing needs.
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Is the rise of coworking space good for the commercial real estate market?
Loren Keim, owner of Century 21 Keim Real Estate in Allentown and real estate professor at Lehigh University said coworking has become a significant disrupter in the commercial office real estate market in the Lehigh Valley.
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