News@lemmy.world · 8 hours 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

return2ozma@lemmy.world to

News@lemmy.world · 8 hours ago

cross-posted to:
[email protected]

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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SpaceNoodle@lemmy.world
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8 hours ago
I wonder if it’s net or gross.

Besides, it’s not seven figures, just mid-six figures necessary for that.

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