LEARNING AREA: Real Estate Development
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Out of Reach 2017: The High Cost of Housing


National Low Income Housing Coalition




NLIHC’s annual report, Out of Reach, documents the gap between renters’ wages and the cost of rental housing. The report’s Housing Wage is the hourly wage a full-time worker must earn to afford a modest and safe rental home without spending more than 30% of his or her income on housing costs. It is based on HUD’s Fair Market Rent (FMR), which is an estimate of what a family moving today can expect to pay for a modest rental home in the area. This year’s Housing Wage clearly indicates that housing costs are too high for low-wage workers.