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Housing Costs

NEWS
By Kelly Brewington and Kelly Brewington,sun reporter | October 3, 2006
Even in one of the nation's most affluent states, rising housing costs are stretching many Maryland households thin as they spend an increasing proportion of their income on rent or mortgages, according to figures released today from the U.S. Census Bureau. In 2000, roughly a third of Maryland renters paid 30 percent or more of their income on rent and utilities. Last year, 45.3 percent of all the state's renters spent at least 30 percent of their income on housing, according to the Census' 2005 American Community Survey.
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BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | July 14, 1997
The cost of living in the Baltimore area is the fifth- lowest among 25 large U.S. metropolitan areas, according to a survey released by the BWI Business Partnership Inc.Baltimore prices for products and services such as housing, health care and entertainment were 1.3 percent below the national average in the first quarter of 1997.The favorable ranking positions Baltimore as an ideal place to live and work, said Neil M. Shpritz, executive director of the BWI Business Partnership, a nonprofit economic development agency.
NEWS
By Phyllis Brill and Phyllis Brill,Staff Writer | April 4, 1993
A growing shortage of moderate- and low-income housing in Harford is pricing many county residents out of the market, says a new report.While Harford's housing costs overall remain lower than those in other suburban counties in the region, households earning less than $25,000 a year "face significant housing problems," says the report by the the nonprofit Enterprise Foundation of Columbia."
BUSINESS
By JANET KIDD STEWART and JANET KIDD STEWART,TRIBUNE MEDIA SERVICE | December 25, 2005
Four buckets and a funeral changed my financial life in 2005. In the year's first Value Judgments column I shared a plan we were trying at my house to pour every dime of income into one of four buckets: housing, taxes, savings and everything else. The goal, keeping them roughly equal, was designed to bring a grand plan that reflects our values to our household budget. The follow-up: We had some minor spillage out of two buckets and made a couple of philosophical changes to the strategy, but for the most part kept them level.
BUSINESS
By Jamie Smith Hopkins and Jamie Smith Hopkins,SUN STAFF | September 9, 2003
Maryland is the fifth-most-expensive state in which to rent a home, and rental costs rose faster here over the past year than in any other state, according to a study released yesterday by a low-income housing advocacy group. The report looked at the wages people would need to rent a market-rate home without spending more than 30 percent of their income, the federal definition of "affordable housing." Nationally, a two-bedroom unit is affordable for someone earning at least $15.21 an hour, the study asserts.
NEWS
April 19, 1992
The roadside stand advertises "soft crabs." The fast-food restaurant serves drinks in promotional Orioles cups. The chain supermarket, its parking lot a sea of black-on-white Maryland license plates, sells more Baltimore Sun papers than any other.It's another fine spring morning in the Land of. . . Pennsylvania?Southern York County, Pa. is increasingly becoming part of the Baltimore metropolitan area, in practice if not on paper. Lower housing costs -- a comparable property may cost $20,000 to $35,000 less in southern Pennsylvania than in Baltimore County -- have driven thousands of people to the Keystone State, even in the face of an hour's commute to Baltimore.
BUSINESS
Jamie Smith Hopkins | May 16, 2012
Rough economy notwithstanding, more Baltimore homes were getting face lifts at the end of the last decade than the start. That's one of the bits of intel from the newest Vital Signs , an ongoing effort by the Baltimore Neighborhood Indicators Alliance at the University of Baltimore to shine a light on how the city is changing. Statistics range from crime rates to employment rates . (City residents -- pick your neighborhood from the Vital Signs map , and you can see where things stand near you.)
NEWS
By John W. Frece and John W. Frece,Annapolis Bureau of The Sun | December 8, 1991
ANNAPOLIS -- By renting out rooms in her Montgomery County home, artist Laura Huff says, she has found herself confronted with political views far different from her own, has enjoyed a videocassette recorder owned by one of her tenants and has learned there are flying squirrels in her attic.But mostly, the 60-year-old North Potomac resident says, she has discovered that sharing her large Montgomery County house with people who initially came to her as complete strangers has not only been enjoyable, it has helped her afford a lifestyle she might otherwise have been forced to give up."
NEWS
By Phyllis Brill and Phyllis Brill,Staff Writer | April 4, 1993
A growing shortage of moderate- and low-income housing in Harford is pricing many county residents out of the market, says a new report.While Harford's housing costs overall remain lower than those in other suburban counties in the region, households earning less than $25,000 a year "face significant housing problems," says the report by the the nonprofit Enterprise Foundation of Columbia."
NEWS
By Tom Bowman and Tom Bowman,SUN NATIONAL STAFF | January 7, 2000
WASHINGTON -- In another effort to boost military recruiting and retention, the Pentagon plans to spend $3 billion during the next five years to boost the housing allowance for personnel who live in off-base housing, defense officials said yesterday. The proposal would affect about 750,000 personnel -- more than half the active duty force of 1.4 million -- who pay an average of 19 percent of their housing costs out of their own pockets to live off base, while the government pays the remaining rental cost.
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