Nearly half of US renters spend more than 30% of their income on housing costs | CNN Business
www.cnn.com
Nearly half of all renter households in the US were cost-burdened in 2023, meaning they paid more than 30% of their income towards housing costs, according to new government data.
  • expr
    8·
    2 months ago

    The typical “30% on income” advice is based on gross, not net. Which is about 93,000 a year for the median mortgage payment right now.