Rapidly rising rents in Massachusetts and across the country are making housing unaffordable for a significant share of families and pushing many into homelessness, according to new study by Harvard University.
Massachusetts has the sixth highest median rent in the nation as the supply of rental housing has failed to keep up with the surge in renters following the recent housing collapse and foreclosure crisis, according to the study, released Monday by Harvard’s Joint Center for Housing studies. Better than one in four renters here and nationally must spend more than half their income on their housing, a level the report described as “unimaginable just a decade ago.”
“These are troubling trends,” said Eric Belsky, executive director of the Joint Center for Housing Studies. Full story for BostonGlobe.com subscribers.
Megan Woolhouse can be reached at megan. firstname.lastname@example.org.