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Do Homeowner Tax Breaks Cause Homelessness?

Money For the Rest of Us

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The Cost of Living in Extremely Low Income Housing

37% of American households paid more than 30% of their monthly income on housing related costs. Of the $43.6 million renter households in the US, $11.4 million are classified as extremely low income. Yet there's only about 7.5 million houses and apartments available for them that they could rent at a rate that is 30% or less other income.

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