CNN, June 23, 2024, Renters Are Struggling More Than Homeowners In America’s Tough Housing Market, Report Says
Homeowners in America aren’t the only ones struggling with an unaffordable housing market. Renters are also bearing the brunt.
A report from Harvard University’s Joint Center for Housing Studies released last week showed that both homeowners and renters in recent years have become increasingly burdened by climbing housing costs. The report, based on an analysis of existing data, said that nearly one in four households that own a home “are now stretched worryingly thin.” The cost burdens are even worse for renters.
