ATL among major metros struggling with overall affordability
Across the board, income fails to keep pace with rising housing and transportation costs
Compared with the 25 largest metro areas in the country, Atlanta has experienced some of the “greatest pressures in overall affordability” since the start of the new millennium, according to a new report from the Center for Housing Policy (PDF).
Our fair city ranked among the top three, along with Dallas and Detroit, in widening the gap of affordability when it comes to fundamental costs such as housing and transportation.
According to the report, moderate-income households face some of the biggest challenges, shelling out an average of 63 percent of their income to live and move around in Atlanta — about eight percent higher than the national average.