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A Place To Call Home, At What Cost? An Empirical Model Of Cost-Burdened Housing In The U.S. At The Metropolitan Unit Of Analysis, Alec Turner
Honors Projects in History and Social Sciences
The affordable housing crisis has plagued the United States for decades. This thesis analyzes the predictors of cost-burdened housing at the metropolitan level of analysis, as well as how a lack of affordable housing and cost-burdened housing impacts the socioeconomic status and well-being of households in those areas. The study uses a variety of statistical analyses, including regression analysis. This topic is important because cost-burdened households tend to spend significantly less on food, healthcare, transportation, and retirement savings because their income is ultimately consumed by the cost of housing. Inadequate housing has also been found to be the strongest predictor …