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Nearly 22 million households spend more than they can afford on rent, Harvard report says

Por: MarketWatch Business June 25, 2023

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Read more: The jump in the number of cost-burdened households during the pandemic was driven by households that would be considered “severely” burdened, or those spending more than half of their income on rent. Some 11.6 million U.S. households fell into that category in 2021, up by 1.1 million households from 2019. “With such high housing costs, many households with lower incomes may struggle to pay for other necessities like food,... + full article



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