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Rising rents are leaving households with less income to pay for other needs, and inflation has also pushed up the cost of other necessities. Our new paper finds that, after paying for rent, 2/3 of working-age renters cannot afford their basic needs. www.jchs.harvard.edu/blog/two-thi...
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www.jchs.harvard.edu
Rising rents are squeezing renter households, leaving them with less residual income to pay for other needs. But inflation has also pushed up the cost
Two-Thirds of Working-Age Renters Struggle to Afford Basic Needs
Harvard Joint Center for Housing Studies