Several recent reports lend credence to the “rent is too damn high” narrative. But exorbitant rents aren’t just a story in New York City or San Francisco—median rent is higher than 30 percent of median income in 90 cities in the United States.

“An analysis for The New York Times by Zillow, the real estate website, found 90 cities where the median rent — not including utilities — was more than 30 percent of the median gross income,” reports Shaila Dewan.
“Nationally, half of all renters are now spending more than 30 percent of their income on housing, according to a comprehensive Harvard study…” That figure rose from 38 percent just in 2000. The problem is such that Housing Secretary Shaun Donovan recently declared the current moment to be “the worst rental affordability crisis that this country has ever known.”
Most of the personal stories reported by Dewan are set in Miami, which is the second-least-affordable rental market in the country, where median rent is 43.2 percent of median income.
“Part of the reason for the squeeze on renters is simple demand — between 2007 and 2013 the United States added, on net, about 6.2 million tenants, compared with 208,000 homeowners,” and the growing demand created by the country’s shifting demographics is not expected to decline before the rental stock, and its costs, catch up.
FULL STORY: In Many Cities, Rent Is Rising Out of Reach of Middle Class

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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