More Americans Facing a Rent Burden
Small Business Labs
APRIL 26, 2018
Being rent burdened means having less money for other expenses or savings. Between 2001 and 2015 median U.S. But as the report chart below shows, even at moderate levels being rent burdened greatly reduces the ability to save and build wealth. The main cause of this is rents have been rising much faster than household income.
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