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News@lemmy.world · 2 months 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 · 2 months ago

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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DancingBear@midwest.social
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2 months ago
Sure but any part time jobs the kids have also count towards median household income I assume
- Maggoty@lemmy.world
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  2 months ago
  That’s like a 2 year period in an 18 year living situation.
  - DancingBear@midwest.social
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    2 months ago
    Kids live at home a lot longer now 😂 way more than two years haha

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