Housing Landscape 2012: Nearly a quarter of working households spend more than half of income on housing

WASHINGTON, DC – February 24, 2012 – (RealEstateRama) — A new study by the Center for Housing Policy confirms that falling home prices have not solved the housing affordability problems of the nation’s working households. In fact, the Center’s Housing Landscape 2012 report found that the share of working households paying more than half their income for housing rose significantly between 2008 and 2010 for both renters and owners