New NHC Report shows states' housing costs burden

The National Housing Conference published a report Wednesday, February 19th examining the nation’s housing affordability, finding that 18.1 million households in 2012 were “severely cost-burdened,” meaning more than half of their income went toward housing expenses.

Overall, 15.6 percent of all U.S. households (18.1 million households) were severely housing cost burdened in 2012 and 24.7 percent of all renter households were severely burdened. In Oregon, 25.3 percent of renter households were cost burdened in 2012 – up from 23.2 percent in 2009.

Read the full report here.

— Posted on 2/21/2014