More than one-third of American households (35%) were cost burdened in 2012, meaning that they spent more than 30 percent of their income on housing, according to a recent study by the Harvard Joint Center for Housing Studies. The 2012 American Community Survey shows that North Carolina is slightly below the national average: 1.2 million or 32% of the state’s households were cost burdened. Of these, 570,000 households (15% of all NC households) faced severe…

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