Gouge, gouge, gouge. If the gougers can get away with it they will. The trick is to NOT let them get away with it. What happens when you combine a shortage of rental units with lower incomes and less federal support? You get the worst rental affordability crisis in history, and a lot of people finding it harder to get by. The share of households spending more than a third of their income on rent has grown by 12 percent since 2000. Today, half of all renters pay more than 30 percent of their monthly income in rent. For 28 percent of Americans, more than half of their salaries go toward rent. Thank you to Mother Jones.
Posted on: Mon, 05 Jan 2015 23:36:21 +0000
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