High Cost of Housing

| 1/1/2006

Housing costs are rising far faster than income, creating an alarming affordability crisis in America, reports the Center for Housing Policy in its study "Paycheck to Paycheck: Wages and the Cost of Housing in America." Housing costs in southeast Florida:

Market	2005 Median Home Price	1-Bedroom Rent
Fort Lauderdale	$210,000	$830/Month
West Palm Beach	$245,000	$761/Month
Miami	$225,000	$775/Month
Source: Center for Housing Policy

For more information: nhc.org/housing

Tags: Southeast, Housing/Construction

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