US Housing Crisis Deepens as Affordability Hits Record Lows

1 min read
Source: USA Today
US Housing Crisis Deepens as Affordability Hits Record Lows
Photo: USA Today
TL;DR Summary

A Harvard report highlights that U.S. housing is becoming increasingly unaffordable, with home prices reaching record highs and a significant portion of renters spending over 30% of their income on housing, contributing to rising homelessness and economic strain, especially for low-income Americans.

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