In 2022, a record half of people who rented a home in the United States spent a huge portion of their income on rent and utilities, researchers say.
In that article, published On Thursday, NPR cited a recent report from Harvard University's Joint Center for Housing Research on the desperate conditions hurting people across the country.
of the center report According to research, in 2022, “a record half of U.S. renters were paying more than 30% of their income on rent and utilities as rents skyrocketed during the COVID-19 pandemic.”almost half Them “People were paying more than 50% of their income and had severe cost burdens,” the NPR article continued.
“In fact, we saw an increase in every income category we looked at, which surprised us in some ways,'' said Whitney Airgood Obriki, a senior researcher at the center and lead author of the report.
Since 2019, households with annual incomes of $30,000 to $74,999 have seen the largest increase in insolvency. Even among those working full-time, one-third of all renters remain cost-burdened.
A July report found that the influx of legal and illegal immigrants is increasing the cost Americans must pay to keep a roof over their heads.
According to Breitbart News, “Since January 2021, President Joe Biden has welcomed nearly 8 million immigrants into the United States, which is roughly one immigrant for every American birth during the same period. It is important to note that there is.
Exclusive: Large groups of immigrants cross the border into Arizona from many countries
Randy Clark / Breitbart
In 2022, Rep. Alexandria Ocasio-Cortez (D-N.Y.) welcomed more economic immigrants to her district, where residents have to pay an hourly wage to pay for a two-bedroom apartment. They must earn about $50, the newspaper reported.
Readers can click here to find more articles on immigration and housing.
While housing costs remain a burden, people are also having a harder time putting food on the table in the Biden economy.
Labor Department data for September showed household budgets were struggling after two straight months of rising food prices, Breitbart News reported at the time.
“Food prices have risen almost inexorably since President Biden took office, and after nearly a decade of mostly stable prices, food inflation has become a permanent feature of the American economy,” the newspaper reported. “Grocery prices have increased in all but three months since President Biden took office.”
