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Poverty is moving out of the city center

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The number of high-poverty neighborhoods in Colorado Springs rose from six to 22 between 2000 and 2015, a study conducted by the U.S. Census and published by the Joint Center for Housing Studies of Harvard University has found. In the Springs, low-income neighborhoods used to occupy high- density urban areas , but, following a recent national trend , the study found that the city’s poor have increasingly dispersed into the city’s outer edges: fragmented neighborhoods with potentially limited access to public transportation or support programs. The study did not specify what outlying neighborhoods the growth has occurred in, but defined “high poverty” areas as those where 20 percent or more of the population lives below the federal poverty line . See image below . click to enlarge As more neighborhoods are becoming classified as high-poverty, individual families in Colorado Springs are experiencing noticeable financial struggles as well. According to a 2016 study by the Pew...

Reno rent market at record-high prices, near-zero vacancy

RENO, Nev. (AP) — It's a journey that most people eventually take. Fifteen years ago , Anne Carte decided to leave the familiar comforts of home and family to move out on her own. For Carte, who was 20 years old at the time, moving to the Biggest Little City from San Jose, California, represented an exciting and crucial juncture in her life. "I moved to Reno to grow up and be an adult," Carte said. The year 2002 had its fair share of memorable moments. That same year, "Star Wars: Episode II" debuted in theaters, Tiger Woods won the 66th Masters Tournament and "American Idol" premiered on television. One thing Carte specifically remembers was the cost of rent. Back then, the monthly rate for Carte's first studio in Sparks was only $495. For a young person who just moved out of home and landed an entry-level job at Target, an affordable place to stay was not a luxury. It was a b...

Reno rent market at record-high prices, near-zero vacancy

Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City." title="In this March 24, 2017 photo shows a new apartment complex in the Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City." src="src" /> In this March 24, 2017 photo shows a new apartment complex in the Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-a...