How Rich and Poor Spend (and Earn) Their Money – Real Time Economics – WSJ

Dennis, and most of Cape Cod, has a high percentage of retirees as year round residents. Census data reviewed by the town for the recent housing summit reinforced the high percentage of income going towards housing costs for the retiree income group. Beyond the added burden of food for retirees, is the out of pocket costs for medical expenses. This analysis continues to illustrate the dire need we have to produce affordable housing.

http://blogs.wsj.com/economics/2015/04/06/how-the-rich-and-poor-spend-and-earn-their-money/

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