Rent is unaffordable for over half of US tenants, but the cost is cooling

As the cost of rent spiked, more than half of renters in the United States have found themselves paying more than they can afford . Over the past few years, that rate has grown as rents have spiked. But an increase in multiple-unit-building construction has boosted the supply of apartments, which…#nationally #realtorcom #chrisherbert #harvard #manhattan #douglaselliman #anthemosgeorgiades #zumper #multifamily #uscensusbureau

Source: Reuters: Health - January 30, 2024 Category: Consumer Health News Source Type: news