Affordable-housing stock down by 60 percent from 2010 to 2016

This report is the first to compare rent increases in specific units over time.

Freddie Mac looked at loans it had financed twice between 2010 and 2016, which allowed for a comparison of the exact same rental units and how their affordability changed.

When first financed, 11 percent of nearly 100,000 rental units nationwide were deemed affordable for very low-income households. By the second financing, however, when the units were either being refinanced or sold, rents had increased so much that only 4 percent of the same units were categorized as affordable.

Read more at https://www.washingtonpost.com/news/wonk/wp/2017/10/23/americas-affordable-housing-stock-dropped-by-60-percent-from-2010-to-2016/?hpid=hp_hp-more-top-stories_affordablehousing-1130a%3Ahomepage%2Fstory&utm_term=.0e328a6a669f