The STANDARD of 'affordable' housing is that which costs roughly 30 percent or less of a FAMILY's income. Because of rising housing costs and stagnant WAGES, slightly more than half of all POOR renting FAMILIES in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.

Author - Matthew Desmond


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Posted on 06 Oct 2024, this text provides information on Percent related to Matthew Desmond. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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