Wednesday, October 19, 2011

Family homelessness rose by 15 percent in Connecticut over the past year, according to a new report from the Partnership for Strong Communities.

Things are increasingly tough for renters and home owners alike, the Partnership says, with Connecticut ranking among the 10 most expensive states for both.

Using data from the U.S. Census Bureau and other sources, the Partnership finds that 51 percent of renters pay more that 30 percent of their income on housing and that 27 percent are severely burdened by their housing costs, spending more than half of their income on housing.

And even though the price of a house has plummeted, buying one remains too difficult for many families, since the price remains high in comparison to other states, because family incomes have fallen, and because getting a mortgage has become more difficult, the Partnership says.