Tag: housing costs

More than a Quarter of Homeowners in U.S. Are ‘House Poor’

The Center Square

Nationwide 27.4 percent of homeowners are considered “house poor,” meaning they spend more than 30 percent of their income on housing costs.

However, in some U.S. cities, far more Americans are living beyond their means, according to research from the U.S. Chamber of Commerce. In Hialeah, Florida, 59.3 percent of homeowners are spending more than 30 percent of their income on housing costs. While Hialeah has the highest percentage of homeowners spending more than 30 percent of their income on housing costs, it was not alone.

Read the full story

Housing Costs Keep Phoenix Inflation Near Nation’s Highest

The Center Square

April inflation rates show the Phoenix metropolitan area remains among the highest in the nation, with the increased cost of housing fueling the expensive cost of living.

The U.S. Bureau of Labor Statistics released national inflation data for April on Wednesday, showing the Consumer Price Index rose 0.4% last month. The numbers are seasonally adjusted. The increase is an acceleration from March, which saw only 0.1% in higher CPI among metros.

Read the full story

Arizona Gets New Laws Protecting Medical Access and Affordable Housing

Neil Jones

More Republican Legislators have announced that their bills have been signed into law, including State Representative Selina Bliss (R-Prescott), who created a bill to extend at-home medical treatment for Arizonans.

“Save time, save money, stay home – for some medical conditions we see better outcomes if patients are able to receive acute care services at home, as opposed to having to remain in a hospital,” shared Bliss.

Read the full story