Housing Cost Burden for Low-Income Renters Has Increased Significantly in Last Two Decades

The U.S. Government Accountability Office (GAO) issued a report that details changes in renter households and affordability from 2001 to 2017. The report, As More Households Rent, the Poorest Face Affordability and Housing Quality Challenges, describes rental housing trends, including rental affordability and rental housing quality. The report finds that since the Great Recession, the United States has seen the number and share of rental households increase dramatically. The report concludes that low-income renters making less than 80% of the area median income suffer the most severe affordability challenges and reside in poor quality housing at a much higher rate than higher income groups.

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