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The housing affordability crisis is nearly inescapable in the US. Housing costs have skyrocketed in communities nationwide — from small towns to coastal supercities. Rents across the country have risen by 26% since early 2020, according to a new report from the Harvard Joint Center for Housing Studies on the state of US housing. Half of all tenant households were cost-burdened as of 2022, meaning they spent more than 30% of their income on rent, the Harvard report found. With Eliza Relman for Business Insider https://lnkd.in/eBr4fMRJ