Nearly half of US renters spend more than 30% of their income on housing costs | CNN Business
www.cnn.com
Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new government data.
  • IsThisAnAI@lemmy.world
    33·
    30 days ago

    And yet the home ownership rates increase.

    Again, it’s far from perfect. Not the hellscape described. Again, MOST (Almost 70%), will own their homes when they retire.