Making Affordable Rental Housing Part Of Europes Recovery
from the International Monetary Fund
– this post authored by Alfred Kammer, Andrea Schaechter, and Andreas Tudyka
Already before the pandemic, many store or restaurant workers living in a major city in Europe had to spend more than half of their household’s income on rent. During the pandemic, many of them have seen their incomes fall, pushing up their share of income going to rent. Since low-income and young renters tend to work more frequently in contact-intensive sectors or hold insecure jobs, government policies are needed to make sure that these households do not get left behind as economies recover from the COVID-19 crisis.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202106050458
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