The Harvard Joint Center for Housing Studies disclosed its most recent findings in 2024, indicating a significant trend in the realm of housing expenses. According to the data, 22.4 million renter households, constituting half of all renters across the country, allocated more than 30% of their income towards rent in 2022, marking a record high. But it's not just rent. People are struggling to afford groceries and other necessities. Don't Miss: If the average American household is a millionaire,

Related Keywords

United States , Americans , American , Bryan Halbert , Jeannine Mancini , Hannah Metzger , Harvard Joint Center , Housing Studies , Stock Market Game , Benzinga Pro , Day Trial , You Re Making Less Than , Should Be Terrified , Basic Necessities , Living Expenses , Economic Pressures , Monthly Expenses , Financial Challenges , Tiktok ,