Affordable Housing: An Approach for Creating and Keeping an Affordable Housing Inventory.

 THE HOUSEHOLD INCOME-EXPENSE SQUEEZE. 

Providing affordable housing for the town’s residents is the challenge of the day. Middle and low income workers are getting hit from both ends: stagnant wages and rising housing costs. 

As the cost of housing is going up, so is the cost of transportation, medicine, healthcare and education. Wages are stagnant. The household wage/housing cost relationship is getting squeezed. Choices are being made about which expenses to put off or eliminate. In America we hear of “food deserts”, child hunger, persons with three jobs, contract work with no benefits and a plethora of other ills heretofore unacceptable in the richest nation in the world.