Economy

Every U.S. County Has an Affordable Housing Crisis

This is a problem that transcends the rural-urban divide.
Without federal assistance, affordability dries up. Urban Institute

The affordable housing crisis has spared no county—rural or urban. From small towns like Traverse City, Michigan, to big expensive cities like San Francisco, a cheap and decent place to live is hard to come by. And it would be even harder without government support, according to a new report by the Urban Institute.

Nationwide, only 21 units are available per 100 extremely low-income renter households (those earning below 30 percent of the area median income) without government assistance. With assistance, it’s 46.