Released: April 15, 2014

In many cities, rent Is rising out of reach of middle class

Source: Shaila Dewan - The N.Y. Times (Paid Registration)

For rent and utilities to be considered affordable, they are supposed to take up no more than 30 percent of a household’s income. But that goal is increasingly unattainable for middle-income families as a tightening market pushes up rents ever faster, outrunning modest rises in pay.

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