A recent report highlights that housing has become 'impossibly unaffordable' in several U.S. cities. According to the data, 61% of renters cannot afford the median apartment rate in the U.S. The least affordable metro areas for renters include New York City, Miami, Boston, Los Angeles, and Riverside, California. Additionally, the 2024 edition of Demographia International Housing Affordability by Chapman University Center for Demographics and Policy has rated Hong Kong as 'impossibly unaffordable.'
Housing is "impossibly unaffordable" in these U.S. cities https://t.co/hTtNdyiiIH
World’s Least Affordable Housing Markets in 2024. HK rated "impossibly unaffordable." Source: Chapman University Center for Demographics and Policy's 2024 edition of Demographia International Housing Affordability. https://t.co/K3yTCNGK8U https://t.co/sCVbKdgo8a
World’s Least Affordable Housing Markets https://t.co/UzKU8zJfTa
Housing is 'impossibly unaffordable' in these US cities READ MORE: https://t.co/mWQewr0a6w
Report: 61% of renters can’t afford median apartment rate in U.S. The least affordable U.S. metro areas for renters are New York City, Miami, Boston, Los Angeles and Riverside, California, according to the data. Read more ⬇️ https://t.co/L2ynPIBVjE