Housing Cost Burden

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August 31, 2024 4 min read Definitions
Housing Cost Burden: The Percentage of Income Spent on Housing Expenses
Economics Real Estate Housing Cost Burden Income Expenses Financial Stability Real Estate
Housing Cost Burden refers to the percentage of a household's income that is spent on housing-related expenses, including rent or mortgage payments, utilities, and property taxes. A high housing cost burden can impact a household's financial stability and quality of life.
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