Things aren’t much better in DeKalb or Gwinnett.
Well, no matter how statisticians choose to quantify the chasm between the country's haves and have-nots; metro Atlanta keeps coming out on top. The latest: an Urban Institute study that shows three metro counties rank in the top 10 for an affordable housing gap.
Hardship for Atlanta renters is also above average, a new report shows
Yes, the rent is too damn high, according to the 2013 "Housing Landscape" report published last week by the Center for Housing Policy. The Center concluded that housing problems are getting worse for working renters, because, while incomes have gone—and stayed—down, rents have gone up —and are still going up.
I've read a lot of stories over the past year pointing out that, in several U.S. cities, it is now cheaper to buy a home than it is rent one. Because these sort of statistics are usually generated using city-wide averages, I assumed the "buying is cheaper than renting" condition was true only if you have good enough credit to obtain a mortgage at the lowest rates.