Women could afford 18% more of housing market if pay gap was closed
By: AZ Big Media
A new Zillow study shows how severe an impact the gender pay gap is for women in the housing market. An additional 18% of the U.S. housing market is affordable to men but is out of reach to women. This gap in access can be as wide as 22% of the housing market depending on the industry they work in.
The disparity is not quite as big in the Phoenix metro area: Women making the median income can reasonably afford 8% of homes in the area without being considered cost burdened, while men can afford 23.3%.