Items Tagged with 'Rent Burden'

ARTICLES

  • Homelessness accelerates in expensive rental markets

    In many markets, rent burden exceeds 32% threshold
    As more and more Americans become rent burdened, the homeless rates in the nation’s most unaffordable markets continue to grow, according to the latest data from Zillow. Zillow Director of Economic Research and Outreach Skylar Olsen said that although the nation’s homelessness rate has fallen, some communities are still grappling with affordability.
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  • Rent: San Franciscans' burden to bear

    Rent burden has become drastically more prevalent in San Francisco's population over the last 28 years
    Over the last 28 years, San Francisco’s population has become drastically more susceptible to rent burden. A study by the San Francisco Planning Commission revealed that people making 80% to 120% of the area median income ($82,900 as of April) have become susceptible to rent burden. Nearly three decades ago, this would have been nearly unheard of.
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