EMPORIA (KSNT) – The cost of rental units in Lyon County has been steadily increasing since 2014. Here’s how much. The latest data from the Harvard Joint Center for Housing Studies, released in January, found that a record high 22.4 million renter households, or half of renters nationwide, were spending more than 30% of their income […]
A new Harvard University study found that half of U.S. renters are paying nearly a third of their income on rent. Monthly rent has outpaced income across the U.S., and forced many to make tough decisions between everyday necessities and a home. In turn, a record number of people are becoming homeless and evictions filings have ratcheted up as pandemic-era eviction moratoriums and federal assistance ends. The widespread hardship has prompted state lawmakers across the U.S. to throw the kitchen sink at the problem in 2024. State proposals include everything from installing protections from eviction to capping annual rent increases.
A new Harvard University study found that half of U.S. renters are paying nearly a third of their income on rent. Monthly rent has outpaced income across the U.S., and forced many to make tough decisions between everyday necessities and a home. In turn, a record number of people are becoming homeless and evictions filings have ratcheted up as pandemic-era eviction moratoriums and federal assistance ends. The widespread hardship has prompted state lawmakers across the U.S. to throw the kitchen sink at the problem in 2024. State proposals include everything from installing protections from eviction to capping annual rent increases.
A record number of Americans can't afford their rent. Lawmakers are scrambling to help kunc.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kunc.org Daily Mail and Mail on Sunday newspapers.
A record number of Americans can't afford their rent. Lawmakers are scrambling to help – Associated Press prescottenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prescottenews.com Daily Mail and Mail on Sunday newspapers.