U.S. Housing Crisis Affecting the Heartland
Earning $40,000 a year in Omaha used to be enough to make rent comfortably.
Housing costs are slipping out of reach for the middle class in smaller and medium-size cities across the U.S., the latest sign that the affordability crisis that started on the coasts is moving inland, according to research released on Friday by the Harvard Joint Center for Housing Studies.
“This isn’t just a New York or San Francisco story,” said Airgood-Obrycki regarding the dwindling options for middle-income renters. “This is everywhere.”