today’s news … Friday, June 5, 2015

today’s news and information gleanings from here and there!

Quote for today “The root cause of the housing problem in this country is the large and growing gap between the cost of decent housing and household income, particularly renter household income … The housing crisis among America’s poor is real. For most of these households, housing costs are increasingly out of reach.”

  • The statement above comes from the National Low Income Housing Coalition “Out of Reach 2014″ study. Actually, the statement is an excerpt from the 1989 edition. The newly released 2015 study continues, “Housing is Out of Reach as millions of Americans struggle to find affordable rents. In order to afford a modest, two-bedroom apartment in the U.S., renters need to earn a wage of $19.35 per hour.”

out of reach

  • Click on the graphic above to download the complete 2015 study.

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