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Home › RSS › Redfin Survey: Most People Earning Under $50,000 Struggle to Afford Housing. Nearly One-Quarter of Them Have Skipped Meals to Make Their Payments

Redfin Survey: Most People Earning Under $50,000 Struggle to Afford Housing. Nearly One-Quarter of Them Have Skipped Meals to Make Their Payments

November 18, 2024 by |

SEATTLE–(BUSINESS WIRE)– #housingmarket–(NASDAQ: RDFN) — Nearly three-quarters (74%) of U.S. residents who earn less than $50,000 per year sometimes, regularly or greatly struggle to afford their regular mortgage or rent payments. That’s according to a new survey commissioned by Redfin (redfin.com), the technology-powered real estate brokerage. Of those people, nearly one-quarter (24%) report they have skipped meals to afford their monthly housing costs. That’s one of the most commonly cited sacrifices among

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