Subscribe / Renew |
|
Contact Us |
|
► Subscribe to our Free Weekly Newsletter |
home | Welcome, sign in or click here to subscribe. | login |
January 12, 2007
NEW YORK (AP) — Many of the health care workers, police and teachers that communities rely on for vital services can't afford to buy homes, and some even have trouble covering rental costs, a new study found.
The Center for Housing Policy, the research affiliate of the National Housing Conference in Washington, D.C., found that a working family needed an annual income of $84,957 to qualify to purchase a home valued at $248,000, the median price nationally in the third quarter of last year.
. . .