New Study Finds Housing is now Unaffordable for Half of all U.S. Renters
NPR: Housing is Unaffordable for a record half of all U.S. Renters
In Denton, cost burden affects 55% of all renting households across income levels. Of those, 31% experience severe cost burden, meaning each month their household spends more than half of their income on rent. For these reasons, City of Denton is committed to ensuring a balanced mix of housing types and opportunities are available to community members at different income levels.
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