Brenden Taylor, a Marine, and his family have faced challenges finding affordable housing near Camp Pendleton due to rising rents. Data shows that from 2021 to 2023, median U.S. rent increased by 25%, while renters’ incomes only rose by 5%. This is particularly difficult for military families who rely on a housing allowance from the Defense Department. A survey by Blue Star Families found that only 26% of active-duty families said the allowance covered their monthly housing costs in 2021, down from 42% in previous years.
Concerned about these price hikes, 15 lawmakers have urged the Defense Department to investigate whether RealPage Inc., a property management software company, is contributing to the problem by enabling landlords to align rents and inhibit competition. RealPage denies these allegations, but a lawsuit filed last year by federal and state officials claims otherwise. The lawmakers are calling for action to protect military families from predatory practices.
As housing costs continue to rise, the Defense Department has increased the housing allowance for service members. However, factors such as elevated interest rates, housing supply shortages, and corporate investment in rental properties contribute to the problem. Rising housing costs can impact military family financial stability and overall national security, as families may be less likely to recommend military service to others. Ultimately, addressing the affordability of housing for active-duty service members is crucial to supporting a resilient and robust all-volunteer force.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.