Rental Housing Costs Rise as Demand Increases Among Working Households

Rental Housing Costs Rise as Demand Increases Among Working Households



The Center for Housing Policy at the National Housing Conference recently released its annual Housing Landscape 2016 report. It finds that more low- and moderate-income (LMI) working households are renting as opposed to owning their homes, with the share of households who rent increasing from 50.8 percent to 52.6 percent from 2011 to 2014. LMI working households are defined as those with at least one household member working on average at least 20 hours a week and with income at or below 120 percent of the area median income (AMI).

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