The Rental Affordability Crisis
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Penn collection
Wharton Public Policy Initiative Issue Briefs
Degree type
Discipline
Subject
Rental Affordability Crisis
Issue Brief
Todd Sinai
Professor of Real Estate
and Business Economics and Public Policy
Property Law and Real Estate
Public Policy
Real Estate
Social Welfare
Issue Brief
Todd Sinai
Professor of Real Estate
and Business Economics and Public Policy
Property Law and Real Estate
Public Policy
Real Estate
Social Welfare
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Distributor
Related resources
The Rental Affordability Crisis (https://publicpolicy.wharton.upenn.edu/issue-brief/v2n3.php)
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Abstract
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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Publication date
2014-03-01