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Crowded out of the housing market: declining affordability and availability are squeezing New England's very low-income households

Darcy Rollins Saas with Alicia Sasser
Authors registered in the RePEc Author Service: Alicia Sasser Modestino

New England Public Policy Center Policy Brief, 2007

Abstract: Though many New Englanders find it difficult to buy and maintain a home or pay monthly rent, the problem is particularly acute for the region's very low-income households. While many reports about housing affordability focus on the growing affordability challenges faced by middle-income households, they often overlook a crucial problem in the region: very low-income households--those in the bottom fifth of the income distribution are squeezed by declining affordability and limited availability.

Keywords: Housing; -; Prices; -; New; England (search for similar items in EconPapers)
Date: 2007
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Handle: RePEc:fip:fedbbr:y:2007:n:07-2