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