Harvard’s Joint Center for Housing Studies Report Shows Lack of Affordable Rental Housing
Harvard’s Joint Center for Housing Studies released its annual State of the Nation’s Housing report on June 16. The report shows that 37% of American households - more than 43 million households —…
New Supply of Rental Housing Not Keeping Up with Demand
The National Multifamily Housing Council and the National Apartment Association released U.S. Apartment Demand – A Forward Look, which estimates the future national demand for rental housing through…
Fact of The Week: High-Cost Rental Units Increase, Low-Cost Rental Units Decline over Last 10 Years
Source: Joint Center for Housing Studies of Harvard University. (2017). The State of the Nation’s Housing. Cambridge, MA: Author. Retrieved from http://bit.ly/1kKwpkW
Fact of the Week: Rents Are Out of Reach for Many
Source: NLIHC calculation of a national weighted-average Fair Market Rent; NLIHC calculation of affordable rent for average renter wage based on Bureau of Labor Statistics (BLS) QCEW, 2015 adjusted…
NLIHC Releases Out of Reach 2017: National Housing Wage is $21.21 per Hour
Out of Reach 2017: The High Cost of Housing NLIHC released Out of Reach 2017 on June 8. The report’s Housing Wage is the hourly wage a full-time worker must earn to afford a modest apartment while…
Fact of The Week: Six of the Seven Occupations with Highest Projected Growth Fail to Provide a Housing Wage
Source: NLIHC calculation of Housing Wage; Employment Projections Program, BLS; May 2016 National Occupational Employment and Wage Estimates, Occupational Employment Statistics, BLS; adjusted to…
Fact of The Week: Low and Median Wages Barely Increased Since 1973, While Those at the Top Saw Sizeable Gains
Note: Wages in 2016 dollars. Source: Economic Policy Institute’s State of Working America Data Library
Suburban Rents Rising Faster than Urban Rents
A report by Zillow Research, Rents Are Climbing Faster in Suburban than Urban Areas, shows that for the first time in four years the median monthly cost of a suburban rental home had a greater year-…
Many Renters Lack Resources to Cover Unexpected Expenses or Buy a Home
The Federal Reserve Board released its fourth annual Report on the Economic Well-Being of U.S. Households on May 19. The report is based on a Federal Reserve survey of households’ economic well-being…
Fact of The Week: Why Renters Move
Source: Federal Reserve Board. (2017). Report on the Economic Well-Being of U.S. Households in 2016. Washington, DC: Author.
Point of View: Trump’s Massive Cuts to Housing Must be Stopped
By Diane Yentel, NLIHC President and CEO President Trump is expected to release his full FY2018 budget proposal tomorrow. We got a detailed preview through a leaked document on Friday, May 19. If…