Zillow Predicts Affordability Issues for Renters by End of 2021
Pro Builder
AUGUST 12, 2021
If current rent and income growth trends continue, Zillow says some of the most affordable metros will become the least affordable and many renters will become newly housing-cost burdened by the end of the year. The threshold for which a resident is deemed “housing-cost burdened” is if they pay more than 30% of their monthly income.
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