More Americans Facing a Rent Burden
Small Business Labs
APRIL 26, 2018
Being rent burdened means having less money for other expenses or savings. Between 2001 and 2015 median U.S. In 2015 7 million of renter households were severely burdened, which is defined as spending more than half of their income on rent. rents rose from $512 a month to $678, a 32 percent increase.
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