Tuesday, January 10, 2006

No Suprise: We Have Expensive Housing

Massachusetts is one of the most expensive states in which to rent an apartment, exceeded only by Hawaii and California, according to a recently published report on housing affordability.

In its seventh annual Out of Reach study, the National Low Income Housing Coalition, a Washington, D.C. based housing advocacy group, stated that a worker must earn $15.78 an hour in order to afford rent and utilites in the United States, while Massachusetts average $21.88 per hour. Ma is nearly $6 higher than the national average.

www.fordrealty.net

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