Residential Rent Affordability across U.S. Metropolitan Areas
10 FEDERAL RESERVE BANK OF KANSAS CITY national Fair Market Rent.6 Moreover, workers at the 50th percentile of the wage distribution ($21.94) would need to work nearly a full 40-hour week to afford a housing unit at the 40th percentile of the rent distribution—in other words, a housing unit at Fair Market Rent. 7 This ................
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