Thursday, March 8, 2012

Further to who can't afford $75 per month

Good post today from guru Barbara Sard of the Center on Budget and Policy Priorities. She's tackling this seemingly easy question of who exactly would have trouble paying a $75 monthly minimum rent for subsidized housing. Actually, a lot of people.

She cites a study from the National Poverty Center saying about 1.46 million U.S. households live on "$2 or less in income per person, per day in a given month". Out of these, says Sard, about 300,000 households receive housing assistance. So, yes, to them an increase in the current minimum rent from $50 per month to $75 per month could be pretty devastating.

This American exceptionalism thing, this "we're a rich country" thing: It's weird, it's deceptive, it's in the way.

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