Renters crushed by housing costs
For renters in America, housing is usually the hungriest of the bunch. Ideally, it would gobble up one-third of the pie –– anymore than that, and you likely wouldn't have enough to feed the rest.
Unfortunately, one in four working renters watched housing devour more than half of their paycheck pie in 2011, according to the latest Housing Landscape Report from the Center for Housing Policy. The report analyzed the period between 2008 and 2011, when the rate of renters putting more than half their income toward housing jumped nearly 4%.
Renters Crushed by Housing Costs | Business Insider
For renters in America, housing is usually the hungriest of the bunch. Ideally, it would gobble up one-third of the pie –– anymore than that, and you likely wouldn't have enough to feed the rest.
Unfortunately, one in four working renters watched housing devour more than half of their paycheck pie in 2011, according to the latest Housing Landscape Report from the Center for Housing Policy. The report analyzed the period between 2008 and 2011, when the rate of renters putting more than half their income toward housing jumped nearly 4%.
Renters Crushed by Housing Costs | Business Insider