Metropolis report outlines obstacles and attainable options to truthful and inexpensive housing in Greensboro | Native information
The American Community Survey totaled home housing costs from mortgages, property taxes, insurance, and utilities, among other things, while rental housing costs include rent plus estimated average monthly utilities.
In Greensboro, the average monthly cost of each type of apartment was $ 869. The cost was higher for owner-occupied households, whose median cost was $ 1,009, and lower for tenant households, whose median cost was $ 813.
The cost burden for tenants is particularly high. The report shows that renters occupy nearly 57,000 units in Greensboro. Of these, 25.4% or 14,449 pay between 30% and 44.9% of their income. A slightly smaller number, 22.5% or 12,818, spend more than 50% of their income on housing.
The housing problems in Greensboro go beyond simple cost factors. According to the city report, more than 35% of all households have at least one of these four major living problems: incomplete kitchen equipment, incomplete sanitary facilities, more than one person per room and cost burden of more than 30%.
The report outlines many reasons why urban housing is such a problem.
One reason is simply that not as many apartments are being built as there were 10 or 15 years ago. And for builders who want to build affordable housing, residents in the vicinity of planned apartments often fight against such projects.