Penn Wharton Public Policy Initiative

Publication Date

3-2014

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Volume

2

Number

3

Document Type

Brief

Summary

It’s a tough time to be a renter. According to data from the U.S. Census, half of all renters, and 83 percent of renters with incomes under $20,000, paid more than 30 percent of their incomes in rent in 2011. One commonly-proposed policy solution to declining rent affordability is the construction and preservation of low-income housing. But this will only ameliorate the situation temporarily.

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The Rental Affordability Crisis

Keywords

Rental Affordability Crisis, Issue Brief, Todd Sinai, Professor of Real Estate, and Business Economics and Public Policy

The Rental Affordability Crisis

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