Report: "An Annual Look at the Housing Affordability Challenges of America's Working Households"
Center for Housing Policy, "Housing Landscape 2013"
The study, published by Center for Housing Policy, which spanned 2008 through 2011, resulted in the findings that the rising cost of rental housing combined with nationally declining wages has affected the country to the point that one in four working renter households is spending more than 50 percent of their income on housing. One in five home owners also experienced high cost burden, due the national drop in median wages, despite decreases in mortgage rates. More...