Rent affordability: 11 million Americans spend half their income on rent – Jun. 22, 2016 » Mortgage Masters Group

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Among mortgage hold-ers, those who were lucky enough to beat investors at auction have seen their "cost burden" rate decline to 22.5% from 47.4% be-tween 2010 and 2017, its lowest level of this centu-ry. (A household is con-sidered "cost burdened" if they spend more than 30% of their income on housing.) The mirror image of this

Income By Race: Why Is Asian Income So High? Posted by Financial Samurai 210 Comments In 2018, we’re just now getting back to 2001 real income levels, which means the middle class is falling behind the "investor class" given the real estate market in most major cities and the stock market are near record highs.

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It’s getting harder for more Americans to make rent each month. It’s getting harder for more Americans to make rent each month. source: rent affordability: 11 million Americans spend half their income on rent – Jun. 22, 2016

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