Poverty and Profit in the American City
Year Published: 2016
Pages: 432pp ISBN: 978-0553447439
Resource Type: Book
Cx Number: CX19934
Matthew Desmond examines the impact on the poor in the United States of rising housing costs and declining/stagnating incomes in the aftermath of the 2008 economic crash. Many tenants in the U.S. now pay more than 50 per cent of their incomes in rent -- over 70 per cent with the soaring costs of utilities included -- challenging their ability to survive on a daily basis.