Just 35% of renters in Southwest, West Philly can afford rent, study shows
"This study affirms what housing advocates and members of our community already knew to be true: that affordable housing is increasingly out of reach for a growing proportion of Third District residents," Gauthier said in a release. "The findings of this study … allow us to pinpoint locations in the district where displacement is imminent and affordable housing interventions are most urgently needed." It also showed that 43% of the area's households are cost-burdened and spend more than 30% of their income on housing expenses — figures that predate the COVID-19 pandemic. This is largely...
Source: phillyvoice.com