"The gap between wages and rent is growing," Diane Yentel, president and CEO of the coalition, which has conducted similar analyses for 28 years, told the Post. "There's no doubt that the affordable housing crisis overall has increased since the foreclosure crisis in 2007."
"The picture is not expected to improve in the near future as the rental market remains strong and vacancy rates decline," Jan reports. "A record 43.3 million households were renters in 2016, a 27 percent increase since 2006, the report said. Household income, meanwhile, has not kept up with the pace of rent increases."