Janet Viveiros – Mapping Housing Affordability, A Grim Picture For Renters
nhcopenhouse.org. April 2014. As the housing affordability challenges facing renters in the aftermath of the Great Recession have gained attention recently, I found myself wondering just what the differences in housing affordability for owners and renters actually looks like nationwide. I decided to map the data from Housing Landscape 2014 to see where low- and moderate-income owners and renters are struggling to afford their housing the most.
The map below shows that large shares of low- and moderate-income working homeowners struggle to afford their homes in high-cost housing markets. New Jersey leads the way with about three in 10 households spending at least half their income on housing, making them severely housing cost-burdened.