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The Conversation U.S.
The Conversation U.S.
@TheConversationUS@newsie.social  ·  activity timestamp last week

#Detroit seniors pay some of Michigan’s highest housing costs while living in some of its lowest-value homes. Nearly half spend over 30% of their income just to stay housed.

https://theconversation.com/nearly-half-of-detroit-seniors-spend-at-least-30-of-their-income-on-housing-costs-even-as-real-estate-values-fall-268075

The Conversation

Nearly half of Detroit seniors spend at least 30% of their income on housing costs − even as real estate values fall

Detroit seniors pay more in homeowner’s insurance, utilities and property tax, and those on fixed incomes can struggle to make ends meet.
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