There are very real and tangible ramifications of housing inflation in Knoxville and Knox County today.
An average of 43.6% of Knoxville and Knox County renters are cost-burdened, meaning the household spends more than one-third of its income on rent or mortgage payments. For those who can’t afford to live in Knox County, they’re being pushed to surrounding regions to find more affordable housing or are edged into homelessness.
Here’s some insight as to why…