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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

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

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News@lemmy.world · 1 month ago

cross-posted to:
[email protected]

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

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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LunchMoneyThief@links.hackliberty.org
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1 month ago
Move far, far outside of populated areas and you don’t even need a mortgage.
- Flying Squid@lemmy.world
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  Also known as The Unabomber Rental Mitigation Technique.
  - LunchMoneyThief@links.hackliberty.org
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    1 month ago
    Kaczynski was unironically right about a number of things, criminal activity aside.
    - Flying Squid@lemmy.world
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      1 month ago
      Like avoiding high rent by living in a shack in the woods!

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