The supply of low-cost rentals fell by 3.9 million units over the last decade, according to our latest State of the Nation’s Housing report. As a new interactive tool (Figure…
Rents in more than three-quarters of the nation’s 150 large markets increased rapidly in early 2022, growing by 10 percent or more year-over-year according to our latest…
Lower-income homeowners spend large shares of their incomes on home improvements and maintenance, but spend significantly less per household compared to higher-income…
Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen
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February 12, 2022
The United States is in a housing affordability crisis, with nearly half of all renter households spending more than 30% of their incomes on rent and utilities each month.…
One year into the COVID-19 pandemic, 43 percent of all households reported they had lost employment income, and 12 percent had fallen behind on rent or mortgage payments.…
Whitney Airgood-Obrycki, Alexander Hermann, Sophia Wedeen
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January 13, 2021
Even before the COVID-19 pandemic, renters in the United States were facing a housing affordability crisis. Nearly a quarter of renter households were spending more than half…