Loading Video…
This browser does not support the Video element.
Survey: 62% of Americans worried about paying rent
The majority of Americans said they are concerned about their ability to pay for housing, the U.S. Federal Home Loan Mortgage Corporation said, citing a newly released survey.
LOS ANGELES - Do you get anxiety as the 1st of the month nears and you know rent will be due?
If so, you aren't alone.
It turns out that more than 62% of Americans are concerned about their ability to pay for housing, according to a survey by the U.S. Federal Home Loan Mortgage Corporation.
RELATED:
- This SoCal city has the 4th highest rent in the nation
- Dozens of families to be displaced in Diamond Bar after city red tags condo complex
- California retirement community hikes elderly couple's rent by $1,000/month: 'That has to be a mistake'
The survey found rents of nearly 60% of residents increased in the past 12 months, while only 38% of people saw their wages increase.