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!