Wages lag behind rental rates

Despite an increase last year in the federal minimum wage and the majority of states that offer a higher minimum wage, the rise of rental rates has outpaced the earnings of low-wage and moderate-wage workers, according to a report released today by the National Low Income Housing Coalition, a national group that advocates for affordable housing.

more...

All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.