Rents Outpacing Incomes says Comm. Service Society

 





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.
Read the full testimony!