Thursday, December 19, 2013

The Government Is Quietly Giving Way More Housing Aid To Rich People Than Poor People

http://www.businessinsider.com/the-government-is-quietly-giving-way-more-housing-aid-to-rich-people-than-poor-people-2013-12#ixzz2nxCKTu5c

 
In 2012, the federal government gave out $240 billion in housing aid. Income data is not available for all of it, but of what is available, more than half went to those with incomes greater than $100,000 ($81.6 billion). Only $40 billion went to those with incomes less than $50,000.

Overall, high income households receive four times as much in housing aid as low-income ones.

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