Squeezed By Rents, Stagnant Incomes, Communities Find Solutions: Report
By: Chris Fuchs
From: NBC America
Date: May 11, 2016
Incomes for Asian Americans and Pacific Islanders have failed to keep up with the rising cost of living, a troubling trend that has caused displacement, overcrowding, and homelessness for thousands of low-income families, according to a report to be released Wednesday.
Compiled by the National Coalition for Asian Pacific American Community Development and the Council for Native Hawaiian Advancement, the report surveyed 15 AAPI and Native Hawaiian neighborhoods across eight states and the District of Columbia. It found, among other things, that tenants and small businesses were most susceptible to being displaced, while some families whose businesses and jobs have served wealthier new residents have fared better economically than low-income AAPIs.
Read the article here.