Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High

Since 2001, median rents have risen by 21 percent — while renters’ incomes have only increased by 2 percent.

With soaring real estate and housing prices in recent years, housing affordability rates hit a record high in 2022, with half of renters qualifying as “cost-burdened,” new research finds. According to a report by the Joint Center for Housing Studies of Harvard University published Thursday, there were a record 22.4 million households in which renters paid more than 30 percent of their income in...

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This post was originally published on Latest – Truthout.


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Sharon Zhang | radiofree.asia (2024-05-16T20:14:40+00:00) » Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High. Retrieved from https://radiofree.asia/2024/01/25/study-half-of-renters-paid-unaffordable-rates-in-2022-a-record-high/.
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" » Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High." Sharon Zhang | radiofree.asia - Thursday January 25, 2024, https://radiofree.asia/2024/01/25/study-half-of-renters-paid-unaffordable-rates-in-2022-a-record-high/
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Sharon Zhang | radiofree.asia Thursday January 25, 2024 » Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High., viewed 2024-05-16T20:14:40+00:00,<https://radiofree.asia/2024/01/25/study-half-of-renters-paid-unaffordable-rates-in-2022-a-record-high/>
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Sharon Zhang | radiofree.asia - » Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High. [Internet]. [Accessed 2024-05-16T20:14:40+00:00]. Available from: https://radiofree.asia/2024/01/25/study-half-of-renters-paid-unaffordable-rates-in-2022-a-record-high/
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" » Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High." Sharon Zhang | radiofree.asia - Accessed 2024-05-16T20:14:40+00:00. https://radiofree.asia/2024/01/25/study-half-of-renters-paid-unaffordable-rates-in-2022-a-record-high/
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" » Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High." Sharon Zhang | radiofree.asia [Online]. Available: https://radiofree.asia/2024/01/25/study-half-of-renters-paid-unaffordable-rates-in-2022-a-record-high/. [Accessed: 2024-05-16T20:14:40+00:00]
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» Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High | Sharon Zhang | radiofree.asia | https://radiofree.asia/2024/01/25/study-half-of-renters-paid-unaffordable-rates-in-2022-a-record-high/ | 2024-05-16T20:14:40+00:00
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