Camillus House: Causes of HomelessnessEroding Work Opportunities and Housing
Declining wages have put housing out of reach for many workers: in every state, more than the minimum wage is required to afford a one- or two-bedroom apartment at Fair Market Rent. IN Miami - Dade county a family needs to work 126 hours a week at minimum wage in order to afford a moderately priced two bedroom apartment.
In 1970 there were 300,000 more affordable housing units available, nationally, than there were low-income households who needed to rent them. By 1995, there were 4.4 million fewer available units than low-income households who needed to rent them.