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Market Impact: 0.2
SpareRoom survey finds US renters adapting lives around high housing costs
Source: PR Newswire
Housing & Real EstateConsumer Demand & RetailEconomic Data
A survey found that 25% of renters spend 70% of their take-home pay on rent. It also reported that many renters are delaying medical care, retirement, and major life plans, highlighting the personal financial strain of housing costs.
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