INDUSTRY NOTES: ffordable Housing At An All-Time Low In D.C.
Monday, May 14, 2012 03:58 am
Meanwhile, housing costs are soaring.
People living in Washington, DC must earn nearly $29 per hour to afford a two-bedroom home -- making the district the second least affordable place to live.
That's the report from the D.C. Fiscal Policy Institute, which found that the median rent for a one-bedroom apartment in D.C. has climbed nearly 50 percent since 2000. Meanwhile, the number of low-inco[...]
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