Colorado Housing Costs Go Through The Roof

11 October 2001 - 1:00pm

Colorado see the highest increase in housing wage -- the income needed to afford a two-bedroom apartment -- of any state in the nation.

"Colorado's Housing Wage, or the income needed to afford the average two-bedroom apartment, increased by 23% between September 2000 and 2001, says a report released by the Colorado Affordable Housing Partnership and the Colorado Coalition for the Homeless. This is the largest increase of any state, according to the ''Out of Reach'' report prepared annually by the National Low Income Housing Coalition of Washington, DC."

Source: GlobeSt.com, October 10, 2001
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