More than half of San Antonio renters 'cost-burdened' by housing, study finds
More than half of San Antonio-area renters are "cost-burdened" by how much of their monthly paycheck goes to keeping their lights on and a roof over their head, according to a new report from the Harvard Joint Center for Housing Studies. Indeed, 52.7% of renter households in the San Antonio-New Braunfels metro fall into the cost-burdened category, meaning 30% or more of their income covers rent and utilities, the analysis shows. What's more, 27% are considered severely cost-burdened, signifying that those costs account for half or more of their pay.
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