Rental affordability may get worse

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Researchers considered various scenarios for wage and rent growth over the next decade.

October 01, 2015

The number of U.S. households that spend at least half their income on rent—those considered "severely cost-burdened,"—could increase 25% to 14.8 million over the next decade, according to a report from Enterprise Community Partners, an affordable-housing nonprofit group, and Harvard’s Joint Center on Housing Studies.

Researchers considered various scenarios for wage and rent growth over the next decade.

The best case: the number of severely-cost burdened households will barely fall, from 11.8 million in 2015 to 11.6 million in 2025. Most scenarios indicated worsening affordability over the next 10 years.

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