Rent inflation in St. Joseph County, Indiana : 1974-77

by James P. Stucker

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Recommends increasing the benefits paid to participants in the experimental housing allowance program operating in St. Joseph County, in order to compensate for inflation in housing costs since the schedule was last revised. Gross rent is estimated to have increased locally at an average annual rate of 5 percent between September 1974 and August 1977, with four-fifths of the increase attributable to higher prices for fuels and utility services. Inflation rates were highest for low-rent single-family homes (11.5 percent annually) and lowest for high-rent apartments in large complexes (0.7 percent).

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