Rental Burden in Philadelphia

Thus far in budget hearings, members of City Council have expressed a great deal of interest in property assessments and the fate of the ten-year tax abatement.  Since this week’s hearings include testimony from the Department of Planning & Development, we may expect more attention to the conditions of the growing population of renters in Philadelphia.  The following brief provides some analysis of rent burdens across the city.

 

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Percentages of Philadelphia Renters and Homeowners