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Many Families Spending Too Much On Housing, Affordable Units Tough Sell In North Texas

Local Audio Posts 14

Texans are struggling to pay for housing, despite the state’s reputation as an affordable place to live. Almost half of renters are spending more than 30 percent of their income on housing. Emily Ryder Perlmeter at the Federal Reserve Bank of Dallas is studying the issue. She explores what’s behind the numbers, and why it’s so difficult to build affordable developments in North Texas.