Join Us
Publications
Where Have All the Affordable Rentals Gone? Rents, Incomes, and Rent Burdens in Stabilized and Unregulated Housing
Oksana Mironova
Summary: Where Have All The Affordable Rentals Gone? examines rents, incomes, and rent burdens in stabilized and unregulated housing. We find that the typical rent stabilized household was earning the same inflation adjusted amount in 2016 as in 2001, while typical rents climbed by 30 percent above inflation.
In addition, the report shows that the share of unassisted low-rent apartments fell from 21 percent to 14 percent between 2011 and 2017, driven both by the impact of rent law loopholes on the stabilized housing stock as well as the loss of unregulated low-rent units, where tenant are completely unprotected.
Issues: Affordable Housing
Download PDF
