Housing stress describes a situation where the cost of housing (either as rental, or as a mortgage) is high relative to household income. It may also be used to describe inadequate housing for a proportion of the population.
As a rule of thumb, a household spending 30 percent or more of its income can be considered under housing stress, and under "extreme" housing stress if spending exceeds 50 percent. [1] Other studies may apply a different threshold, or restrict its definition to households with below average income. [2] The Economic Research Service of the United States Department of Agriculture classifies counties as under housing stress" if 30 percent or more of its housing units meets one or more of the following criteria: lacked complete plumbing, lacked complete kitchens, paid 30 per cent or more for owner costs or rent, or had more than one person per room. [3]
Newberry County is a county located in the U.S. state of South Carolina. As of the 2020 census, its population was 37,719. Its county seat is Newberry. The name is of unknown origin, although one theory suggests that it was named by Quaker settlers in honor of their home of Newberry, a suburb of London in the United Kingdom. Newberry County comprises the Newberry, SC Micropolitan Statistical Area.
Allendale County is a county located in the U.S. state of South Carolina. As of the 2020 census, the population was 8,039, making it the least populous county in South Carolina. Its county seat is Allendale.
Polk County is one of the 36 counties in the U.S. state of Oregon. As of the 2020 census, the population was 87,433. The county seat is Dallas. The county is named for James Knox Polk, the 11th president of the United States.
Knox County is a county in the U.S. state of Indiana in the United States. The oldest county in Indiana, it was one of two original counties created in the Northwest Territory in 1790, alongside St. Clair County, Illinois. Knox County was gradually reduced in size as subsequent counties were established. It was established in its present configuration when Daviess County was partitioned off. At the 2020 United States Census, the county population was 36,282. The county seat is Vincennes.
Madison County is a county located in the U.S. state of Idaho. As of the 2020 census, the population was 52,913. The county seat and largest city is Rexburg. Madison County is part of the Rexburg, Idaho micropolitan area, which is also included in the Idaho Falls metropolitan area.
Custer County is a rural mountain county in the center of the U.S. state of Idaho. As of the 2020 census, the population was 4,275, making it the fifth-least populous county in Idaho. The county seat is Challis. Established in 1881, the county was named for the General Custer Mine, where gold was discovered five years earlier. Custer County relies on ranching, mining, and tourism as its main resources.
Lincoln is a city in Placer County, California, United States, part of the Sacramento metropolitan area. Located 10 miles (16 km) north of Roseville in an area of rapid suburban development, it grew 282 percent between 2000 and 2010, making it the fastest-growing city over 10,000 people in the U.S. Its 2019 population was estimated to be 48,275.
Amelia is an unincorporated community and former village in Pierce and Batavia townships in Clermont County, Ohio, United States. The population was 12,575 at the 2020 census. Amelia incorporated in 1900. In November 2019, residents voted to dissolve the village over the imposition of a local income tax. Amelia was by far the most populous village in state history to be dissolved and the first to be partitioned between two townships.
The poverty threshold, poverty limit, poverty line, or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for the average adult. The cost of housing, such as the rent for an apartment, usually makes up the largest proportion of this estimate, so economists track the real estate market and other housing cost indicators as a major influence on the poverty line. Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries.
The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of private equity in developing affordable housing. Projects developed with LIHTC credits must maintain a certain percentage of affordable units for a set period of time, typically 30 years, though there is a "qualified contract" process that can allow property owners to opt out after 15 years. The maximum rent that can be charged for designated affordable units is based on Area Median Income (AMI); over 50% of residents in LIHTC properties are considered Extremely Low-Income. Less than 10% of current credit expenditures are claimed by individual investors.
The cost of living is the cost of maintaining a certain standard of living for an individual or a household. Changes in the cost of living over time can be measured in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in the cost of living between locations can be measured in terms of purchasing power parity rates. A sharp rise in the cost of living can trigger a cost of living crisis, where purchasing power is lost and, for some people, their previous lifestyle is no longer affordable.
Homelessness in Canada was not a social problem until the 1980s. The Canadian government housing policies and programs in place throughout the 1970s were based on a concept of shelter as a basic need or requirement for survival and of the obligation of government and society to provide adequate housing for everyone. Public policies shifted away from rehousing in the 1980s in wealthy Western countries like Canada, which led to a de-housing of households that had previously been housed. By 1987, when the United Nations established the International Year of Shelter for the Homeless (IYSH), homelessness had become a serious social problem in Canada. The report of the major 1987 IYSH conference held in Ottawa said that housing was not a high priority for government, and this was a significant contributor to the homelessness problem. While there was a demand for adequate and affordable housing for low income Canadian families, government funding was not available. In the 1980s a "wider segment of the population" began to experience homelessness for the first time – evident through their use of emergency shelters and soup kitchens. Shelters began to experience overcrowding, and demand for services for the homeless was constantly increasing. A series of cuts were made to national housing programs by the federal government through the mid-1980s and in the 1990s. While Canada's economy was robust, the cuts continued and in some cases accelerated in the 1990s, including cuts to the 1973 national affordable housing program. The government solution for homelessness was to create more homeless shelters and to increase emergency services. In the larger metropolitan areas like Toronto the use of homeless shelters increased by 75% from 1988 to 1998. Urban centres such as Montreal, Laval, Vancouver, Edmonton, and Calgary all experienced increasing homelessness.
A household consists of one or more persons who live in the same dwelling. It may be of a single family or another type of person group. The household is the basic unit of analysis in many social, microeconomic and government models, and is important to economics and inheritance.
Affordable housing is housing which is deemed affordable to those with a household income at or below the median, as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on affordable housing refers to mortgages and a number of forms that exist along a continuum – from emergency homeless shelters, to transitional housing, to non-market rental, to formal and informal rental, indigenous housing, and ending with affordable home ownership. Demand for affordable housing is generally associated with a decrease in housing affordability, such as rent increases, in addition to increased homelessness.
The terms average Joe, ordinary Joe, regular Joe, Joe Sixpack, Joe Lunchbucket, Joe Snuffy, Joe Blow, Joe Schmoe, and ordinary Jane, average Jane, and plain Jane, are used primarily in North America to refer to a completely average person, typically an average American. It can be used both to give the image of a hypothetical "completely average person" or to describe an existing person. Parallel terms in other languages for local equivalents exist worldwide.
Poverty is measured in different ways by different bodies, both governmental and nongovernmental. Measurements can be absolute, which references a single standard, or relative, which is dependent on context. Poverty is widely understood to be multidimensional, comprising social, natural and economic factors situated within wider socio-political processes.
Calumet Township is one of 29 townships in Cook County, Illinois, United States. As of the 2020 census, its population was 18,609 and it contained 8,210 housing units.
Historically, the Chinese economy was characterized by widespread poverty, extreme income inequalities, and endemic insecurity of livelihood. Improvements since then saw the average national life expectancy rise from around forty-four years in 1949 to sixty-eight years in 1985, while the Chinese population estimated to be living in absolute poverty fell from between 200 and 590 million in 1978 to 70 million in 2017. Before the 19th century, China was one of the leading global powers.
In the United States, poverty has both social and political implications. In 2020, there were 37.2 million people in poverty. Some of the many causes include income, inequality, inflation, unemployment, debt traps and poor education. The majority of adults living in poverty are employed and have at least a high school education. Although the US is a relatively wealthy country by international standards, it has a persistently high poverty rate compared to other developed countries due in part to a less generous welfare system.
Affordable housing in Canada refers to living spaces that are deemed financially accessible to households with a median household income. Housing affordability is generally measured based on a shelter-cost-to-income ratio (STIR) of 30% by the Canada Mortgage and Housing Corporation (CMHC), the national housing agency of Canada. It encompasses a continuum ranging from market-based options like affordable rental housing and affordable home ownership, to non-market alternatives such as government-subsidized housing. Canada ranks among the lowest of the most developed countries for housing affordability.