Quiz: Quiz: Cheap Housing 101
Quiz: Cheap Housing 101
By: Staff
Image: refer to hsw

About This Quiz

It can be tough to find an affordable place to live. Test your knowledge of cheap housing in our quiz and avoid becoming one of the 10.5 million U.S. households that pays more than 50 percent of its income toward rent or mortgage payments.

1.0 of 20
Which of the following types of apartments usually have cheaper rent?
2.0 of 20
Housing costs are usually more expensive in what types of neighborhoods?
3.0 of 20
Financial advisers recommend that an individual or family spend what percentage of their after-tax income on housing?
7.0 of 20
According to a 2007 survey, what percentage of Americans spend more than 30 percent of their income on housing?
8.0 of 20
Which party is responsible for making repairs to a home during a short sale?
12.0 of 20
True or False: Section 8 vouchers cannot be transferred from one part of the country to another.
14.0 of 20
What party(s) does the buyer have to negotiate with during a short sale transaction?
15.0 of 20
16.0 of 20
True or False: Landlords are legally prohibited from negotiating rent with tenants, under federal Fair Housing laws.
17.0 of 20
What was the average price of a house in the Southern United States in 2010?
18.0 of 20
What was the average price of a house in the Western United States in 2010?
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