【World Property Journal】Large Portions of San Francisco, Seattle Low Income Households are Rent-Burdened
According to national US property broker Redfin, 41.3% of households earning 80% of the local median income in San Jose and 42.7% in Seattle are rent-burdened. While high-income households living in those areas can afford to buy or rent a home, lower-income people like teachers and retail workers have a harder time paying for housing.