Half of Americans are struggling to afford their rising housing costs, and the financial squeeze is so severe for many that over one in five skip meals to get by, a new poll has revealed.
The survey, commissioned by Seattle-based real estate brokerage Redfin and released on Friday, showed that 50% of US homeowners and renters have had difficulties making their housing payments. Many respondents said they had to make sacrifices to cope with inflationary pressures. For instance, 22% reported that they had skipped meals, 21% sold some of their belongings, and a combined 37% either worked extra hours or took on additional jobs.