From the MacArthur Foundation:  Renters will become more cost burdened over The next decade

In Projecting Trends in Severely Cost-Burdened Renters: 2015–2025, the Joint Center for Housing Studies and Enterprise Community Partners project that the share of renters spending more than 50 percent of their income on housing will rise by at least 11 percent by 2025. The demographic groups most affected would be seniors, Hispanics, and single-person households.

Read more on How Housing Matters

Leave a Reply

Your email address will not be published. Required fields are marked *