LFC Comments: We have been writing and speaking extensively about the Housing Affordability Threshold [HAT %]. Remember, when the payments for your property taxes, utilities and mortgage reach 30% of your income the house is deemed unaffordable for you. Renters would add their utilities and monthly rent to compare to their income.
The Center for Community Solutions confirms what we have been saying about the HAT %.
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Here are some additional disturbing facts about Lake County: (Be sure to review the section dealing with substance abuse disorders)
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Categories: Lake, Local News, Ohio Counties, Uncategorized