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More than 44,000 households were “severely housing cost burdened” last year, meaning that they spent half of their income or more on rent.
Despite being the third highest in the country, D.C. rents are the fastest declining among major U.S. cities.
May 20, 2014
Study: You Need To Earn $15,000 More Than You Did Four Months Ago To Buy A Home In The D.C. Area
You need to earn $15,693.93 more than you did four months ago to afford a median-priced home in the D.C. area.