Rental Affordability Crisis Reaches Record Highs: Solutions Ahead

Rental affordability has emerged as a critical issue, with the recent housing crisis pushing millions of families into cost-burdened status, meaning they spend over 30% of their income on rent.Reports indicate that over 22 million renter households are feeling the pinch, with 12 million facing even deeper challenges by allocating more than half of their earnings to housing costs.

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