Low-income housing is one of the most common types of housing, and it’s often overlooked in the debates over the future.
But it’s becoming increasingly common for young people to live in homes they don’t even own.
And with so many people who aren’t wealthy struggling to make ends meet, a lot of people don’t have the option to buy a house of their own.
As a result, we’ve seen many young people move to low-income neighborhoods, which can also mean lower property taxes and lower rents.
A new study from the Urban Institute finds that for millennials in their 20s, the cost of buying a house is higher than it was for previous generations.
It also suggests that the typical millennial will need to spend an average of $50,000 more in the next 10 years than the typical American household.
But this isn’t an inevitable consequence of high prices, the study found.
Rather, it could be the result of the rapid pace of gentrification and the shifting demographics of many American cities.
“We are seeing more people moving into the middle and lower income brackets, which are now becoming increasingly unaffordable,” said Sarah Strydom, senior vice president of the Urban Policy Institute.
“The result is more people in the middle of the income distribution have to make a significant investment in housing.”
The Urban Institute conducted the study by taking the median value of a home in the United States, adjusted for inflation, and then taking the total number of people living in it over the past 30 years.
In other words, it looks at how many people in a neighborhood lived there before 2000.
It found that the median home value in the city of Boston rose by 2.9 percent from 2007 to 2014, and that the average house price increased by 7.6 percent.
The average annual cost of a house was $2,813 in 2014, according to the report.
The median price of a condo rose by $17,900 from 2007-2014.
For those living in the lowest income brackets of the city, the median price rose by a whopping 8.5 percent over the same time period.
The study also found that housing costs are likely to continue to rise over the next decade, with the average home price rising by a measly 3.6 percentage points over the decade to 2021.
The typical millennial’s rent is $1,947 a month, the Urban report found.
That’s more than three times higher than the average rent in the cities they live in.
But the average millennial will have to spend $50 to buy that house.
“When you’re renting, it’s really about affordability,” Stryness said.
“It’s not a very appealing situation.
But if you can afford to buy, it might not be a bad idea.”
The study found that, overall, millennial homeowners will spend about $1.3 trillion over the 10-year period.
That means they’ll need to make $6,542 in mortgage payments over that period.