Tom Waters and Victor Bach, Housing Policy Analysts of the Community Service Society testified before the 2012 Rent Guidelines Board.
Among other points:
- Rents have soared 31% over the past 6 years.
- Rent increases have vastly outpaced net incomes for the typical renter.
- By 2011, 51% of low-income renters were paying at least half their incomes in rent.
