Half of American renters pay more than 30% of income on housing, study shows

Rental prices are unaffordable for a record number of Americans with half of all renters paying more than 30 percent of their income on rent and utilities, according to Harvard’s Joint Center for Housing Studies. Stephanie Sy reached out to renters across the country to hear how these soaring prices are impacting their lives and discussed their issues with Whitney Airgood-Obrycki.
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