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For low-income families, affordable housing has been difficult to find, as for every 100 low-income households, only 80 affordable units exist. [7] Furthermore, the median price for a house in 2019 was 2.4 times the median household income, pushing home ownership out of reach even for middle-income individuals. [7]
Housing inequalities in Ohio relate to the historic and continuing factors that prevent predominantly people of color from accessing safe and affordable housing. It is self evident that income inequality is the single biggest factor that prevents the purchase of a major asset like a house.
A forthcoming regional housing study has found a 4,000-unit shortage for households making less than $25,000 a year; 7,500 people are on a waiting list for subsidized housing.
Disabled Americans face many financial hurdles, and the high cost of medical care may be the biggest. But when the disabled need to access assistance programs in order to pay for that medical care ...
Ohio's housing shortage is a long-term threat to the growth that Columbus area has been fortunate to experience. Ohio is losing people. Housing is a big reason they flee. | Opinion
1 bedroom rent by year by state (2006-2022) [needs context]. Housing affordability is defined as the ratio of annualized housing costs to annual income. Different income based measures use different thresholds; however most organizations use either the 30% or 50% threshold, meaning that an individual is housing insecure if they spend more than 30% or 50% of their annual income on housing.
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