A growing number of Americans cannot afford to pay their rent as rental property prices hit a record high, researchers said on Jan. 31, amid an outcry over rising evictions and homelessness.
The number of U.S. households living in rentals also surged to 43.7 million in 2018—up 21 percent from 2004—a study by Harvard University found, as a growing share of older, larger families can no longer afford to buy their own homes.
