More Renters Struggle to Pay for Housing
More renters are struggling to keep up with housing costs, according to a new Urban Institute report. One in five working-age renters reported trouble paying rent, with payment problems rising sharply among middle-income households. Kathy Fettke breaks down the latest affordability data, what's putting pressure on renters, and what it could mean for real estate investors and landlords.
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Sources: https://www.urban.org/research/publication/renters-increasingly-struggle-pay-housing
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