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Nearly half of all renter households spend more than 30% of their income on housing costs, qualifying them as “cost-burdened”
I’m curious who the fuck the other half are. I don’t know anyone who rents who spends less than 30% of their income on housing.
Well, there are still some (few) tenants in the US that have some form of rent control.
And there are others who have high income, obviously.
all the people who are gifted housing by their rich relatives are fucking up the averages
Renting for 1 dollar
Incoming tax breaks for landlords who own buildings in distressed communities
Good for business! The economy! Yay!