About America’s Affordable Housing Crisis
There is a definite housing crisis in America. Almost 32,000 people are homeless in the state of Florida alone. About 35 percent of homes or housing units are occupied by renters. And in a national poll, about two-thirds of renters say they couldn’t afford to buy a home if they wanted to.
But what exactly is affordable housing? According to the federal government, affordable housing costs no more than 30 percent of the household’s income. Unfortunately, the vast majority of renters spend a much larger portion of their income on housing. Read more
