Fewer Homeowners Are Burdened by Housing Costs—but There’s a Big Catch

Only 20.9% of homeowners with a mortgage were cost-burdened as of 2018, meaning that they spent at least 35% of their monthly household income on housing costs, according to new data from the U.S. Census Bureau’s American Community Survey.

California’s Wildfires Put Tens of Thousands of Homes at Risk Amid a Housing Shortage

Hundreds of thousands of people have been forced to evacuate, and if a significant number of them can’t go back, the state’s housing shortage will likely make a bad situation even worse.

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