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.
  • ElectricAirship@lemmy.dbzer0.com
    54·
    2 months ago

    I lived in a place that cost 800$ a month for a room in the bay area and I was taking home more than 60% of my income working full time.

    It’s doable, and it doesn’t mean only rich people aren’t rent burdened…