“Housing affordability has become one of Rhode Island’s most serious challenges. Home prices are so high that ownership is out of reach for many Rhode Islanders. Nearly half of all renters spend more than 30 percent of their income on housing. It’s been estimated that the state needs 24,000 more affordable units to meet demand.”
Read more by Michael DiBiase, President & CEO of Rhode Island Public Expenditure Council via The Cranston Herald.