Friday, January 24, 2014

The Rent is Too High

I just found one news article that I thought that I'd share with you:
http://www.thefiscaltimes.com/Articles/2013/12/09/Harvard-Confirms-It-Rent-Too-Damn-High

This references a report by the Joint Center for Housing Studies of Harvard University called America's Rental Housing.  It's a fantastic report written by people with a much more eloquent grasp of the English language than I, so please go ahead and check it out!

Synopsis:
"Rental housing has always provided a broad choice of homes for people at all phases of life. The recent economic turmoil underscored the many advantages of renting and raised the barriers to homeownership, sparking a surge in demand that has buoyed rental markets across the country. But significant erosion in renter incomes over the past decade has pushed the number of households paying excessive shares of income for housing to record levels. Assistance efforts have failed to keep pace with this escalating need, undermining the nation’s longstanding goal of ensuring decent and affordable housing for all."



In other news, thank you letters are well on their way to every donor who has given so far!  If you have donated and haven't received one in the mail this week, please let me know as soon as possible and I will contact you to verify your mailing address and will send another. Thank you again to every donor, past and future!


 

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