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Fewer affordable housing units for lower-income US families

Low-cost homes without subsidies are becoming extinct as more renters flood the market after losing their homes

Published Tue, Oct 24, 2017 · 09:50 PM
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Washington

THE number of apartments deemed affordable for very low-income families across the US fell by more than 60 per cent between 2010 and 2016, according to a new report by Freddie Mac.

The report by the government-backed mortgage financier is the first to compare rent increases in specific units over time.

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