Average rent is 32% of the typical Americans' pay — that's more than financial experts recommend budgeting for housing
According to a Pew Research Center, among those who say their financial situation has gotten worse during the pandemic, 44% think it will take them three years or more to get back to where they were in 2020. This includes about one-in-ten who don't think their finances will ever recover.
"These concerns are felt more acutely by lower-income adults, as well as by those in households that have experienced job loss or pay cuts during the pandemic," Pew researchers wrote. to rise further this year, housing affordability will certainly be a concern for Americans growing tired of the financial burden.Subscribe to push notifications
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