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WEKU
WEKU
Jennifer Ludden

Housing is now unaffordable for a record half of all U.S. renters, study finds

A new Harvard University report finds that housing was unaffordable for a record half of renters in 2022. And a softening rental market might not help those who struggle most. (Matt Rourke/AP)

Over the past two years, Genuine Campbell was shocked at how rent for her two-bedroom apartment in Philadelphia just kept going up — from $1,300 a month to $1,600. She's a single mom of four, and right as her rent was rising, her hours as a hotel valet were getting cut.

Add in utility costs plus inflation, and every month brought a wrenching decision.

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