Recession Erodes Housing Conditions
Wednesday, July 28, 2010
A newly released Census survey indicates that the recession has eroded housing conditions significantly in just two years.
The Census survey of 60,000 units, 45,000 of them occupied, shows:
• 3.1 million households, or 18 percent, of those who moved in the last year say their new home is in worse condition and/or in a worse neighborhood.
• Households that moved in the past year because they were evicted rose 127 percent to 191,000.
• The number of households that had additional people move in rose 10 percent to 6 million.
Source: USA Today, Haya El Nasser (07/26/2010)