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【Zillow】The Typical U.S. Renter is Expected to be 'Housing Cost Burdened' By the End of 2021

【Zillow】The Typical U.S. Renter is Expected to be 'Housing Cost Burdened' By the End of 2021

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  • Rent paid as a share of income is forecast to rise beyond 30% by December for the typical U.S. renter, which is considered housing burdened.
  • Austin is expected to fall down affordability ranks further by December to become the least-affordable metro for home buyers outside California.
  • Despite low rates, mortgage payments are now less affordable than they’ve been in years. 

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