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2. Half of renters live somewhere they can't afford - AOL

   www.aol.com/half-renters-live-somewhere-cant...

   Almost half — 49.7% — of American renter households spent more than 30% of their income on housing costs, according to data released by the US Census Bureau from its 2023 American Community ...

3. The first-ever Costco with apartments is officially in the works

   www.aol.com/news/first-ever-costco-apartments...

   Of the 800 rental apartments in the planned low-rise buildings above the retail space, developer Thrive Living plans to make 184 of them (23%) dedicated to low-income households.

4. 13 Cities Where You’ll Spend the Majority of Your Income on ...

   www.aol.com/finance/13-cities-where-ll-spend...

   In fact, according to a study by CardRates.com, 76% of Americans ages 18 to 43 spend more than 31% of their monthly income on housing. The study also found that 53% of Americans spend more than ...

5. Affordable housing - Wikipedia

   en.wikipedia.org/wiki/Affordable_housing

   The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...

6. Section 8 (housing) - Wikipedia

   en.wikipedia.org/wiki/Section_8_(housing)

   Section 8 (housing) Section 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]

7. Housing crisis - Wikipedia

   en.wikipedia.org/wiki/Housing_crisis

   [15] HUD uses the terms "cost burdened" and "severely cost burdened" to describe individuals or families that spend more than 30% and 50% of their income on housing costs, respectively. [16] According to the 2020 U.S. census, 46% of American renters are cost burdened, with 23% severely cost burdened. [17] The affordable housing gap especially ...