New research from the National Low Income Housing Coalition shows that millions of low-wage workers are being priced out of affordable housing in the U.S.  The coalition’s Vice President for Research, Andrew Aurand, is one of the report’s authors:

Andrew Aurand: “The national average of what a full-time workers needs to earn to afford a two-bedroom apartment or a rental home is $21.21, and the average wage that’s necessary even for a one-bedroom is 17.04$… significantly higher than the federal minimum wage and what low wage workers earn.  Six of the seven occupations that are expected to grow the most by 2024 provide a median wage that’s not sufficient to afford a modest one-bedroom apartment.”

Aurand says that U.S. workers facing a housing crisis throughout the country:

Andrew Aurand: “It has definitely reached a crisis point.  We have a shortage of about 7.4 million affordable and available rental homes for the lowest-income renters.  That’s the national number and there’s a shortage in every state, metropolitan area, most counties.  It is widespread.”
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