Housing Costs Force Many to Cut Back Under Biden Economy
• Nearly 1 in 5 homeowners and renters skipping meals to afford housing under Biden • Median asking rent up from $1,700 when Biden took office to nearly $2,000 in February 2023 • Americans making other sacrifices like working more hours, selling belongings, dipping into retirement savings • Median household earns $30k less than needed to afford median home now vs when Biden took office • 57.8% of Americans disapprove of Biden's handling of the economy as of April 2023