A Penny Saved: How High Rent Burdens Imp

A Penny Saved: How High Rent Burdens Impact Savings Rates – Savings rates tend to decline as rent burdens increase, although the relationship is weaker among renters with lower rent burdens. A low rent is no guarantee that a household will save more, but high rents make saving more difficult. About 30 percent of renters with the lowest rent burdens and 60 percent of renters with the highest rent burdens save nothing at all. Paying less in rent is no guarantee that house… http://ow.ly/39NBrB

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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