Freddie Mac: These are the most rent-burdened housing markets

It’s not exactly a secret that affordability for both home buyers and renters is shrinking. But how much is too much?  This week, Freddie Mac released a paper analyzing rent-burdened housing markets across the U.S. and found that Miami and San Diego are the two most rent-burdened metros in the country.  Freddie Mac’s analysis looks at four widely cited affordability studies that cover the Top 50 largest U.S. metro areas. The GSE looked at the National Low Income Housing Coalition’s 2018 Gap report and its 2018 Out of Reach report as well as the New York University Furman Center’s 2018 National Rental Housing Landscape report and Harvard University’s Joint Center for Housing Studies 2017 Rental Housing report.

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