A recent Seattle real estate report reveals that single, divorced, or separated individuals face significant difficulties meeting their housing costs, with 70% struggling, compared to 52% of married couples. Non-married couples report the highest struggles at 76%. The report notes a stark income contrast: a high percentage of single individuals earn below $50,000, while many married couples earn more than $100,000, compounded by tax benefits available to married couples. The data underscores the pressing need for policy changes to support housing accessibility for the financially strained, particularly single individuals seeking affordable options.
Single, divorced, or separated individuals are struggling significantly with housing payments, with 70% facing difficulties compared to 52% of married individuals.
The challenges faced by non-married couples are the most severe, as 76% struggle with payment obligations, demonstrating a broader financial strain.
Two incomes significantly ease affordability pressures, with a stark income disparity where most single individuals earn under $50,000, unlike their married counterparts.
The report emphasizes the need for government action on housing, advocating for zoning changes to support single-room dwellings to assist those in financial distress.
#housing-affordability #single-individuals #marital-status #economic-disparities #real-estate-trends
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