
March 14, 2013
It’s the most basic reason for New Orleans’ constant churn of homeless households: when people can’t earn enough to afford rent, they fall into homelessness. Check out the National Low-Income Housing Coalition’s new Out of Reach report: “The estimated average wage for a Louisiana renter is $12.57.
So, to afford fair-market rent for a two-bedroom apartment at this wage, a renter must work 49 hours per week, 52 weeks per year.
No Comments