Report Looks at Severity of Rent Burden on Low-Income Families

An article by Jeff Larrimore and Jenny Schuetz recently published by the Federal Reserve, Assessing the Severity of Rent Burden on Low-Income Families, found that housing costs are a severe financial burden to many low-income families and that households that have little income left after paying rent may not be able to afford other necessities, such as food, clothes, health care, and transportation.