#cost-burdened-renters

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#rental-market-trends #regional-housing-disparities #zoning-and-supply-constraints
Boston real estate
fromAxios
1 day ago

Where rents are falling (or rising) most

Record numbers of renters are cost-burdened, spending over 30% of income on rent, while regional rent trends diverge sharply between Sun Belt declines and Midwest-Northeast increases.
fromFast Company
8 months ago

How universal rental subsidies could help the housing crisis

According to the U.S. Department of Housing and Urban Development, a household that spends more than 30% of its income on housing is deemed to be cost-burdened. If it spends more than 50%, it’s considered severely burdened. In 2023, 54% of all renters spent more than 30% of their pretax income on housing. That's up from 43% of renters in 1999.
Real estate
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