Vote in our Poll: The High Price of Housing
Are you feeling the squeeze from higher costs of living? Vote in our poll and see how you compare to other readers.
Recent data show that 23 percent of homeowners and 47 percent of renters are considered “cost-burdened,” meaning they paid more than 30 percent of their income for housing, according to the 2018 State of the Nation’s Housing report produced by the Joint Center for Housing Studies (JCHS) at Harvard University.
“Cost burdens are their highest in some high-cost areas like Miami and LA, but they’re everywhere. There are very few places with low cost burdens.”
Read the full story: The State of Housing Supply and Demand.