Nearly half of US renters spend more than 30% of their income on housing costs
Nearly half of US renters spend more than 30% of their income on housing costs
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.
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I'm in Canada, I currently am lucky enough to have a job that includes housing. If I didn't, 100% of my paycheck would go to rent and I'd still be short. I am not kidding. A full time job at $4 above minimum wage, still won't get you enough to rent in my city.
I'm surprised we haven't started building guillotines yet
But you don't have to live in Vancouver.
‘But you don’t have to live in the place where the jobs are’
It was a joke about how it's gotta be Vancouver.