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You get better results if you redefine "unaffordable". Also, the report did specify that 1BRs were also not affordable in 95% of counties going this metric. Tha
by vangelis 6y ago
You get better results if you redefine "unaffordable". Also, the report did specify that 1BRs were also not affordable in 95% of counties going this metric. That's not to say some metrics aren't representative, rent in rural areas and cities in the same states may vary widely. They have it down by county in this report.
"Out of Reach is consistent with federal housing policy in the assumption that no more than 30% of a household’s gross income should be consumed by gross housing costs. Spending more than 30% of income on housing is considered “unaffordable."[1]
[1] https://reports.nlihc.org/sites/default/files/oor/OOR_BOOK_2020.pdf https://reports.nlihc.org/sites/default/files/oor/OOR_BOOK_2...