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Understanding the Affordable Housing Shortage
Takeaway: Conventional wisdom holds that high housing costs force low-income families into expensive rent payments, but a new study reveals that most rent-burdened households actually have many cheaper vacant apartments available in their immediate local area. Key Points The average low-income household spending more than 30% or 50% of its income on rent could move to a cheaper vacant apartment in the same local area with the same number of bedrooms. Even in high-cost, tight

Editorial Staff
Aug 103 min read
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