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economyReported

Rent Affordability Crunch Spreads to Middle-Income US Households, Research Finds

New research shows one in five renters struggled to pay housing costs in full and on time last year, as pressures move up the income scale.

· 1 min read · language: en
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NPR News

Housing affordability challenges in the United States are increasingly reaching middle-income families, not just lower-income renters, according to new research cited by NPR.

The research found that one in five renters struggled last year to pay their housing costs in full and on time, a sign that the burden of rising rents has broadened beyond the households traditionally seen as most vulnerable to housing stress.

The findings point to a shift in how affordability pressures are distributed across income brackets, with families who might once have been considered financially secure now reporting difficulty keeping up with rent payments.

NPR's report frames the trend as part of a broader national conversation about housing costs, which have risen in many US markets faster than wage growth in recent years, squeezing household budgets across a wider swath of the population.

The report did not specify which regions or metropolitan areas showed the sharpest increases in middle-income rent burden, nor did it detail the methodology used to define middle-income status in the underlying research.

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EGazette summarizes reporting from multiple sources; follow the links for the originals.

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