Out of Reach 2007-2008
The Wait for a Home Grows Longer
Keith E. Wardrip, Research Analyst
Danilo Pelletiere, Research Director
Sheila Crowley, President
In 2008, the housing problems facing Americans are making headlines. After years of absence from the front page, stories of families unable to afford their homes and facing foreclosure and eviction fill the news.
With the focus on the homeownership crisis, it is not surprising that the long standing and steadily growing gap between wages and the cost of rental housing, the fundamental problem described in Out of Reach, has received considerably less attention. But it is important to recognize that these two problems share the same root: a national housing policy that has failed to provide and protect safe, decent, affordable housing for millions of Americans.
For more information on the 2007-2008 Out of Reach data, please contact Elina Bravve at email@example.com or 202-662-1530 x244.