Rent Too High in Charlottesville

A new study by the National Low Income Housing Coalition, “Rental Housing for America’s Poor Families: Farther Out of Reach Than Ever,” says that somebody earning minimum wage in Charlottesville would have to work 104 hours to be housed comfortably. Working full-time, $13.33/hour is the required income level to do so. 48% of the renting population in Charlottesville are therefore living in homes that are priced beyond the standard 30% of the household income. “Housed comfortably,” though subjective, means a simple two-bedroom rental unit for the purpose of this report. Elizabeth Nelson has the story in today’s Daily Progress.

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