by Janet Viveiros, Center for Housing Policy
The Center's new Housing Landscape 2013 report, which I co-authored with my colleague Maya Brennan, is out today. It finds that severe housing cost burdens among working renter households rose for the third consecutive year due primarily to falling incomes and rising rental housing costs. Nationally, working renters saw their housing costs rise by 6 percent from 2008 to 2011, while their household incomes fell more than 3 percent. Renters are stretched so thin by growing housing costs that many face impossible choices.
Between 2008 and 2011, the rates of severe housing cost among working households increased in 24 states and 18 major metropolitan areas. Only 1 state and 2 metropolitan areas saw decreases in severe housing cost burden rates during this time were few.
For many more detailed results, find the full report at www.nhc.org/landscape.