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The U.S. Housing Crisis Is Making Its Way to the Heartland

  • More high earners rent, spurring construction of pricier units
  • U.S. expansion leaves many workers with few housing options
A residential housing development stands in northwest Atlant

Photographer: Chris Rank/Bloomberg

Earning $40,000 a year in Omaha used to be enough to make rent comfortably. Not anymore.

Housing costs are slipping out of reach for the middle class in smaller and medium-size cities across the U.S., the latest sign that the affordability crisis that started on the coasts is moving inland, according to research released on Friday by the Harvard Joint Center for Housing Studies.