More Americans Facing a Rent Burden
Small Business Labs
APRIL 26, 2018
million more than in 2004. Between 2001 and 2015 median U.S. In 2015 7 million of renter households were severely burdened, which is defined as spending more than half of their income on rent. These households have little to no financial slack in their budgets, which means even minor financial shocks have a major impact.
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