Some Americans Say They Skipped Meals to Afford Housing Payment: Report

A typical household spends nearly 40 percent of its income on mortgage payments.
Some Americans Say They Skipped Meals to Afford Housing Payment: Report
A home stands 'For Sale' in a Brooklyn neighborhood with a limited supply of single-family homes in New York City, on March 31, 2021. Spencer Platt/Getty Images
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The high costs of housing are pushing many Americans to take drastic measures such as avoiding meals and medical treatments, according to a recent survey from real estate brokerage Redfin.

“Nearly three-quarters (74 percent) of U.S. residents who earn less than $50,000 per year, sometimes regularly or greatly struggle to afford their regular mortgage or rent payments,” a Nov. 18 statement from the company reads. “Of those people, nearly one-quarter (24 percent) report they have skipped meals to afford their monthly housing costs.