U S Cities With The Largest Affordable Housing Shortages
The affordable housing crisis rages on this summer. The White House announced a plan to ease the burden of U.S. housing costs, amid growing inflation. According to the National Low Income Housing Coalition, on a national scale, “only 36 affordable and available rental homes exist for every 100 extremely low-income renter households.” What’s more, in certain metro areas, minimum-wage workers must work 80 or more hours per week and average-wage workers must work 50 or more hours per week to afford a humble, one-bedroom rental at fair market rent.
