News / rent
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1 min read
Eighty-Three Percent and a Lease
Read more . . . →Half of American renters are spending more than 30% of their income on housing. Not the broke ones. Double-shift nurses and warehouse workers pulling overtime in cities where a studio apartment costs more than a mortgage did twenty years ago. Twenty-two million households handing a third of every dollar to a landlord while the construction pipeline collapses and material costs climb 42% since 2020. Nobody in Washington treats this like an emergency because nobody in Washington rents. The median member of Congress is worth well over a million dollars. They own property. Rising home values are their retirement plan. They...
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