November 6, 2018 rummy

It’s not unlikely for someone to spend too much on rent without their knowledge. The truth is, most people are unaware that they are spending too much on rent or what’s the threshold to consider to tell if they’re coming close to it. According to new data released from ApartmentList.com, 49.5 million renters in the United States were cost-burdened in 2017, meaning they spent more than 30% of their monthly incomes on rent. This accounts for nearly half of all renter households in the country and is up 3.1 million from 2007. When a household is cost-burdened by their monthly…