Families With Kids Go Homeless as U.S. Rents Exceed Pay: Economy - Bloomberg

Families With Kids Go Homeless as U.S. Rents Exceed Pay: Economy - Bloomberg: "Nationally, the average hourly wage among renters is $14.32 this year compared with the $18.79 needed to afford an apartment at a fair-market rent, as defined by the U.S. Department of Housing and Urban Development, without spending more than 30 percent of income on housing, a National Low Income Housing Coalition report found in March. The $4.47 gap this year is wider than the $4.10 differential in 2012."

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