vHousing Landscape 2014 is out today and examines the housing affordability challenges of low- and moderate-income working households. In the report, co-author Dr. Lisa Sturtevant and I find that overall, there were fewer severely cost burdened low- and moderate-income working households—households that spend more than half their income on housing—in 2012 than at the end of the Great Recession in 2009. After peaking at 26.4 percent in 2011, the share of severely burdened low- and moderate-income renters fell to 25.4 percent. However, this is still above 2009 levels when 24.5 percent of low- and moderate-income renters had a severe housing cost burden.
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