"The report, "Securing Homes for All New Jerseyans," said at least 697,348 low-income households in New Jersey, or 62 percent, spend more than 30 percent of their income on housing. In 1989, there were 432,076 households, or 46 percent, in that situation.
"A report issued by the Housing and Community Development Network of New Jersey last week said the average rent for a two-bedroom apartment in New Jersey is $1,085 per month and 53 percent of renters cannot afford the cost. New Jersey ranked behind only California, Massachusetts and Hawaii as the most expensive state in the nation for renters."
Read the Ledger story on the report here.
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