Housing Cost Burden for Low-Income Renters Spiked in Last Two Decades
The U.S. Government Accountability Office (GAO) recently reported changes in renter households and affordability from 2001 to 2017. The report, “As More Households Rent, the Poorest Face Affordability and Housing Quality Challenges,” is the first in a GAO series that aims to provide a detailed assessment of the country’s housing market. It describes rental housing trends, including rental affordability and rental housing quality.
More like this
- Rising Utility Costs, Aging Housing Stock, Expiring Subsidies Hurting Low-Income Renters
- Low-Income and Underserved Communities Have Highest Energy Cost Burdens
- Report Shows Decline in Supply of Affordable Housing for Low-Income Renters
- Report: One in Four Working Renter Households Is 'Severely Housing Cost Burdened'