From Good Bones to Healthy Homes: Housing Quality in the Rural Fifth District
Abstract: We've previously explored how rural Fifth District households encounter housing affordability challenges, finding low-to-moderate income (LMI) households to be at greatest risk. A home's quality can also profoundly affect residents' well-being. Resolving housing quality issues caused by repair needs can be quite costly. If left unaddressed, housing quality issues can lead to stress or chronic illness, which in turn can hurt adults' workforce activity and children's educational outcomes. As with affordability, not all households are equally likely to face housing quality challenges. In the rural Fifth District, LMI households are more likely to experience a housing quality issue as well as renters at all income levels.
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Description: Discussion Paper
Provider: Federal Reserve Bank of Richmond
Part of Series: Regional Matters
Publication Date: 2023-10-12