Report: Affordability Crisis Continues to Take Toll on Americans

More than a third of U.S. families and individuals paid 30%+ of income on housing, Harvard JCHS says

Even though the number of cost-burdened households, those paying more than 30% of their income for housing, declined slightly in 2012,conditions remain dire for many, according to the latest issue of The State of the Nation’s Housing 2014, an annual report from Harvard University’s Joint Center for Housing Studies. The number of U.S. families and individuals in such state has increased by 9 million since 2001, AFFORDABLE HOUSING FINANCE reports. Read more