News@lemmy.world · 3 months ago

Nearly half of US renters spend more than 30% of their income on housing costs

www.cnn.com

cross-posted to:
aboringdystopia@lemmy.world

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Nearly half of US renters spend more than 30% of their income on housing costs

www.cnn.com

return2ozma@lemmy.world to

News@lemmy.world · 3 months ago

cross-posted to:
aboringdystopia@lemmy.world

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.

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- ByteOnBikes@slrpnk.net
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  My rent doubled in five years.
  
  The place I used to rent is also doubled.
  
  Everything doubled.
  - abracaDavid
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    Except for wages.

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