Researchers say that in 2022, a record half of people in the United States renting a place to live used a massive chunk of their income for rent and utilities.
In its article, published Thursday, NPR cited a recent report from the Joint Center for Housing Studies of Harvard University regarding the desperate situation that is hurting people across the nation.
The center’s report found that in 2022, “as rents spiked during the COVID-19 pandemic, a record half of U.S. renters paid more than 30% of their income for rent and utilities. Nearly half of those people were severely cost-burdened, paying more than 50% of their income,” the NPR article continued:
“We actually saw increases across every single income category that we look at, which sort of surprised us,” says Whitney Airgood-Obrycki, a senior research associate with the center and the report’s lead author.
Since 2019, the biggest jump in unaffordability was for households making $30,000 to $74,999 a year. Even among those working full time, a third of all renters were still cost-burdened.
In July, a report found the flood of legal and illegal migrants is inflating costs Americans must pay to have a roof over their heads.
It is NOT his America it is OURS !!! Remove & Lock Him Up 2024 !!!!
$1800.00 on up in SALISBURY MD !!!! How do You Like That ????? !!!!!
Yes astronomical rents! In Salisbury the students set the rates. Whatever they can pay you will pay
New rents on Johnson Rd & Glen Ave $2500 on Up a Month > D’Bury !!!!!
Time to CUT-OFF All immigration !!!! Enough is Enough America is FULL !!!!!
SOLVED !!!! 2:14 pm
Where does one Work to Pay that on DelMarVa ????? DUGH
Try paying that on DelMarVa on $14 to $20.00 per hr !!!!
Who can afford rent like that on Eastern Shore wages ??
Damn few but the slumlords couldn’t care less. They are all about the almighty dollar and that’s it!
If you are an illegal, you get everything free, thanks to democrats
Only the Wealthy from NJ / Penn / accross the Bay MD / Va !!!! Noone Here !!!! 3:55pm
It’s called a free market. Don’t want to spend that much on rent? Then don’t. It’s a free country, isn’t it?
Maybe a semi free market. The main factor in high rents is the government regulation of construction sub standard housing is no longer tolerated. Building a safe Leed Compliant apartment makes it unaffordable. MO. And pop units are being zoned out existence. Companies like Blackrock are monopolizing rental mkt
government section 8 money supplies the rest
how many lazy fat stupid people are living for free on our taxes? time to cull the herd!
Thank democrats for all of this. The illegal bastards get everything free and the rest of us have to pay for it
These high rents didn’t just suddenly spring up in the last 3 years. What fantasy land are you all living in?
11:11 No but that inflation sure did. Thanks to you and the rest of the idiot Biden voters.