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The industry's own research.
2 items

Biennial rental report: cost burdens at record high (22.7M renters, 49%), cooling rents, and a 9.3M decline in sub-$1,400 units from 2014-2024.

JCHS annual flagship: record 22.6M cost-burdened renters, 50% of renters paying over half their income on rent, and a deepening affordability and supply crisis.