Housing Trends

Finance News

Nearly half of Americans struggle to pay for housing

Study shows many make sacrifices to pay the rent or mortgage

Featured Finance News photo

Just how stressful is paying your rent or mortgage? Very.

A new study from real estate brokerage Redfin found that 49% of Americans sometimes, regularly or greatly struggle to afford the cost of their housing. Most report making sacrifices, both small and not so small.

For example, the most common sacrifice was taking fewer vacations or taking no vacations at all. But some other sacrifices were more serious.

Twenty-two percent of this group reported skipping meals and 20.7...

Read article
Featured Finance News photo

Latest Articles

  1. How’s you bank’s customer service? Study suggests it could be better.
  2. Millennials are dragging their feet when it comes to estate planning
  3. March's Shopping Cart Index fell slightly from February
  4. If the economy isn’t bad, why does it feel like it is?
  5. These 10 banks produce the most complaints about fees

Not sure how to choose?

Get expert buying tips about Housing Trends delivered to your inbox.

    By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

    Thanks for subscribing.

    You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

    Recent Articles

    Newest
    • Newest
    • Oldest