Over Half of US Renter Families Strained by High Housing Costs, Data Shows
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·1 viewsMore than 50% of renter households in the United States are burdened by steep housing costs, according to recent data. A persistent shortage of available homes across the country is keeping rental prices elevated. Lower-income families are disproportionately affected, as zoning restrictions and regulatory hurdles continue to slow new residential construction. Experts suggest that proposed housing legislation may eventually help ease pricing pressures in the rental market.
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