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Do you spend more than 30% of your income on your housing? If you do, you are considered cost burdened. According data presented by the Cape Fear Housing Coalition, in 2012 that was the case for 38.6% of homeowners and 54.2% renters in the Wilmington area.
The Mayor's Roundtable on Housing Affordability was held this morning featuring discussion by a number of Wilmington leaders from diverse backgrounds.