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News@lemmy.world · 10 months ago

Housing is now unaffordable for a record half of all U.S. renters, study finds

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Housing is now unaffordable for a record half of all U.S. renters, study finds

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News@lemmy.world · 10 months ago

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10 months ago
And housing prices have double in many cases. And interest rates have soared.

If you were to take out a traditional loan with 20% down today vs 5 years ago on the same property, you’d be very lucky if your monthly mortgage was only 60% more.

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