Tag: apartment
U.S. house prices and rents have been rising for decades, interrupted only by the Great Recession. Rising costs have increased the already considerable burden on low-income people to pay for housing. In 1985, for example, single people who received cash assistance from the federal Supplemental Security Income (SSI) program were paying half of their budgets…
Boston, a city of fewer than 1 million people, is surrounded by layers and layers of suburbs linked to the city by subways, ferries, and a commuter rail. The suburbs’ opposition to a new state law requiring them to zone some land for apartments illustrates why U.S. rental housing is scarce and rents have soared…