News@lemmy.world · 1 month ago

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

www.cnn.com

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

www.cnn.com

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News@lemmy.world · 1 month ago

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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