Housing Costs Forcing Americans to Make Difficult Tradeoffs

Americans are struggling to afford housing costs, making sacrifices like skipping meals, working more, and moving in with parents
Mortgage payments are nearing an all-time high as rates stall after recent job gains
Salary needed to afford a starter home has nearly doubled since the pandemic
Multigenerational households are increasing, with many millennials and Gen Zers still living with family
Some young adults have lived rent-free with parents to save up for down payments on their first homes