Five Public Housing Trends to Watch in 2020
Local and global conditions continue to plague the market for affordable housing. The NNCC article emphasizes the trends working against the goal of an adequate home for everyone.
1. Cost-Burdened Families
Last year, the Joint Center for Housing Studies of Harvard University (JCHS) reported that housing costs are rising across the country, and that rents are rising at twice the rate of overall inflation. “The State of the Nation’s Housing” details the financial weight on cost-burdened families, which are defined as “families who pay more than 30 percent of their income on housing.”
Read Next- How to download, install and setup WordPress for a new site