An hourly wage of $22.10 is now what’s needed to afford a typical, modest two-bedroom rental nationwide, according to a new report released Wednesday, and most renters don’t earn nearly that much.
In its report, the National Low Income Housing Coalition estimated that the typical renter instead earns just $16.88, meaning that for most the average “affordable” rental housing, as defined by the government, is not within financial reach.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.
