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COMMENTARY: Affordable Housing is NOT Affordable in Detroit

Summary
By Linda Little & Adam HollierDetroit is on the brink of a housing crisis. The signs are there: record inflation rates; skyrocketing housing prices that outpace home valuations—making it difficult to secure mortgages; exponential increases in rental rates coupled with the end to eviction moratoriums.  According to the US Census Bureau (www.census.
1 month ago·Detroit, United States

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COMMENTARY: Affordable Housing is NOT Affordable in Detroit

By Linda Little & Adam HollierDetroit is on the brink of a housing crisis. The signs are there: record inflation rates; skyrocketing housing prices that outpace home valuations—making it difficult to secure mortgages; exponential increases in rental rates coupled with the end to eviction moratoriums.  According to the US Census Bureau (www.census.gov), Detroit’s median household income of $32,498 is a little over half of the state median income …

1 month ago·Pittsburgh, United States
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