‘We are in a housing crisis’
By David Stevens | HousingWire
(Editor’s note: Opinion pieces are published for discussions purposes only.)
We are in a housing crisis. This statement is not meant to invoke a sense of shock; it’s simply an expression of fact.
Today, more than 11 million households, a record, spend more than 50% of their income just on rent. Some 21 million households, another record, pay in excess of 30%.
With such high rent burdens, many of these families struggle to pay for necessities like medical care and nutritious food.
