More Americans are becoming 'house poor' due to high housing costs

An annual Harvard report on housing released says half of all renters spend more than 30% of their income on housing.

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I don't think "house poor" is the correct term for people renting. House poor means you spend too much on home ownership. These people don't have too many of their assets tied up in their home, they're just dealing with very high rental prices. "Getting fucked by the housing crisis" is probably a more apt term of art for this scenario than house poor.