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Many U.S. teachers can’t afford to buy a house [PBS.org]

 

Perhaps another salary-related grievance for teachers: Depending on where they live, buying a home can be far out of reach.

In a new report, the National Housing Conference, a nonprofit that advocates for affordable housing, analyzed 210 metro areas and whether workers in public education — from bus drivers to teachers — could afford to buy or rent a home. (The report did not account for a second income in the household.)

High school teachers had a median income of $56,882, making it possible for them to rent a two-bedroom home in 94 percent of the metro areas analyzed. One of the 12 metro areas where teachers cannot afford the typical rent is Honolulu—a factor in Hawaii’s recent teacher retention and recruitment struggles.

However, high school teachers at the median salary could afford to own a median-priced house in just 62 percent of metro areas. For example, the report said, the income needed to buy a home in San Luis Obispo, California is more than twice that of the average high school teacher salary in that area.

To continue reading this article by Madeline Will, go to: http://www.pbs.org/newshour/ru...teachers-nationwide/

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