Latest Data Shows New Hires Often Priced Out of Housing
July 26, 2011 | From the field | Housing

Workers in many newly filled jobs still may not be able to afford to rent or own housing at the wages currently being offered, according to the latest edition of the MacArthur-supported Paycheck to Paycheck database and accompanying report from the Center for Housing Policy. Exploring trends in housing affordability for workers in the five most common jobs in the industry sector doing the most hiring — accountants, groundskeepers, janitors, office clerks, and security guards — the report shows only accountants being offered wages high enough to afford to rent or pay the mortgage on a home at typical prices nationwide, excluding the most expensive markets where even they were priced out of housing.

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