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How the Poor Are Squeezed Out of the Most Affordable Housing

A worsening trend that spans four decades.
relates to How the Poor Are Squeezed Out of the Most Affordable Housing
Reuters

Back in 1970, America actually had more affordable housing for the poor than poor people who needed it (this is a recurring theme this week: you were way better off teetering on the edge of poverty in America 40 years ago). Over time, that surplus dwindled. Then it turned into an affordable-housing shortage. And then the shortage grew, pushing more and more people at the bottom rung of the housing market out of housing all together.

This chart, from a new report by Tracey Ross at the Center for American Progress, shows the growing historic gap between the need in America for housing as cheap as $450 a month and the supply of such places: