Housing is now unaffordable for a record half of all U.S. renters,
study finds
Over the past two years, Genuine Campbell was shocked at how rent for
her two-bedroom apartment in Philadelphia just kept going up -- from
$1,300 a month to $1,600. She's a single mom of four, and right as her
rent was rising, her hours as a hotel valet were getting cut.
Add in utility costs plus inflation, and every month brought a
wrenching decision.
"Do you want to pay the bills and then give half the rent, or do you
want to try to do the whole rent and then be back on bills?" she says.
https://www.npr.org/2024/01/25/1225957874/housing-unaffordable-for-record-half-all-u-s-renters-study-finds
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