The Housing Cost Burden in Philly’s Metro Area Has Increased, But That’s Not All
A new study by the Center for Housing Policy shows that the Philly Metro area–which includes Camden, NJ, which hardly seems fair–experienced an increased housing cost burden on working households between 2008 and 2011. The good news is that the difference is not enormous, and the difference between 2010 and 2011 was a decrease, though not a statistically significant one. But hey, we’ll take whatever decrease we can get, right?
More good news: Though the rates rose in Pennsylvania overall, the 2011 state of the state of PA is happily in the gray on the Center’s map, meaning the burden is less than 20 percent. For the full report, click below.