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Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

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Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Over Half of CT Renters Overburdened by Housing Costs

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Monday, March 3, 2014   

HARTFORD, Conn. - Affordable housing can be key to helping working families gain and keep financial stability, but for many, the costs of rent and utilities are taking more than their share of the monthly budget. The Center for Enterprise Development analyzed the latest data, which finds 53 percent of renters in the state are cost-burdened. Researchers count someone as cost-burdened when more than 30 percent of household income goes to rent and utilities.

According to Betsy Crum, executive director of the Connecticut Housing Coalition, that's not surprising because, an increasing number of renters are former local homeowners.

"As the foreclosure crisis has kind of worked its way through our economy, some of the people who used to own homes are now becoming renters," she said. "That has really being driving up the rental costs and driving down the vacancy rates."

Crum credited Governor Dannel Malloy with investing a half-billion dollars over the past two years to address the problem, in part by creating and preserving affordable housing.

In the view of Kasey Wiedrich, senior research manager at The Center for Enterprise Development, the high cost of housing doesn't allow families on the edge in Connecticut, and nationwide, to save for emergencies.

"With liquid-asset poverty, we're looking at the rate of households that don't have enough liquid savings - cash in the bank, savings accounts, even retirement accounts that people could fairly easily tap into - so that they could make it for three months at the poverty level if their income went away."

Homeowners in Connecticut are doing a bit better, with just under 39 percent cost-burdened. The group's latest "Assets and Opportunities Scorecard" also shows how Connecticut is faring in areas such as jobs, health care and education.

That scorecard is on the web at AssetsAndOpportunity.org.



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