Ark Law Group Blog
Short Sale, Loan Modification & Foreclosure Solutions

Lack of Affordable Housing Results in Alternative and Substandard Living Conditions

By

Maya Insidioso-Tucker explores the causes of the American housing crisisMaya Insidioso-Tucker researched the topic of the housing shortage in America, and provided some alarming facts as part of her Student Voices Scholarship Essay. With statistics that include 9.5% of all US households and 26% of all renter households considered “extremely low-income,” there are essentially 11.2 million households that fit into this category; only 35 affordable homes are available for every 100 extremely low-income household. Society has changed to the degree that millennials are living with parents longer, adults are living with roommate longer to spare expenses, and more people are turning to the “tiny house” movement. The question is whether this is preferred or forced.

Click here to read the full essay submitted by Maya.

Ark Law Group

Ark Law Group

Comments (0)

Add Your Comment

Ark Law Group - Loan Modification, Short Sale, Debt Relief, Foreclosure Attorneys
Lack of Affordable Housing Results in Alternative and Substandard Living Conditions

Quick Response Form

Search the blog...

You May Qualify for FREE Legal Counsel - Apply Now!