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Travel and tourism workers struggle to cover housing costs in many U.S. metros

August 15, 2013 Comments off

Travel and tourism workers struggle to cover housing costs in many U.S. metros
Source: National Housing Conference/Center for Housing Policy

In the midst of a housing and economic recovery, many workers key to Americans’ summer vacation plans struggle to afford housing in metro areas across the country. In the latest edition of Paycheck to Paycheck, Center for Housing Policy (CHP) researchers draw on the latest data from the first quarter of 2013 to reveal the gap between wages and the costs of housing, both rental and owned, in 207 U.S. metro areas for workers in occupations central to the summer vacations Americans hope to squeeze in before school starts.

The accompanying report, Paycheck to Paycheck 2013: A Snapshot of Metropolitan Housing Affordability for Travel and Tourism Workers, explores trends in housing affordability for mid-career workers in five common jobs related to travel and tourism: housekeepers, wait staff, auto mechanics, front desk managers and flight attendants. Of these professions, only one—flight attendants—has an average wage high enough to afford the mortgage on a median-priced home in the U.S., and workers in two of the jobs—housekeepers and wait staff—cannot afford the typical rent on either a one- or two-bedroom apartment in any metro area.

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Losing Ground: Housing and transportation costs outpacing incomes

November 27, 2012 Comments off

Losing Ground: Housing and transportation costs outpacing incomes
Source: Center for Housing Policy

The combined costs of housing and transportation in the nation’s largest 25 metro areas have swelled by 44 percent since 2000 while incomes have failed to keep pace, according to a new report from the Center for Housing Policy—the research affiliate of the National Housing Conference—and the Center for Neighborhood Technology. The report, Losing Ground: The Struggle of Moderate-Income Households to Afford the Rising Costs of Housing and Transportation, details the challenges that American households face as the combined costs of housing and transportation consume an ever-larger share of household incomes.

Costs vs. Income 2000-2010The report includes a special focus on moderate-income households, defined as those earning between 50 and 100 percent of the median household income in their area. In the 25 largest metro areas, the report finds that moderate-income households spend an average of 59 percent of their income on housing and transportation. The report finds cost burdens to be highest in the Miami area, where moderate-income households spend 72 percent of their income on housing and transportation. The next highest burdens are in the Riverside-San Bernardino, Calif., area (69 percent), the Tampa area (66 percent), and the Los Angeles area (65 percent)

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