Industry News

Housing costs crunch voters in poll

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Escalating housing costs have made it difficult for some tenants to pay medical expenses, according to a poll released today by the National Low Income Housing Coalition. Twenty-five percent of respondents said that they have had difficulty paying their housing expenses in the past year and 27 percent said their housing costs made it difficult to pay for health care, including medical insurance, the group said. Combined, 32 percent of respondents indicated that they had had at least one of these problems in the past year, and 19 percent indicated they had faced both. More than two-thirds, 67 percent, of those polled said that the cost of their housing was such a burden that it prevented them from spending on things such as food or a car, or saving for retirement. And 17 percent of respondents said there were considering moving more than 50 miles from their current home because of housing costs. "The high cost of their homes is forcing many families in America to have to decide am...