Danette O'Neal, PhD

Nearly one-third of American households, or 38.1 million, paid more than 30% of their incomes for housing in last year, making them “cost-burdened” according to Harvard University’s Joint Center for Housing Studies. And the situation for the expanding pool of renters is just as grim. Renters are bearing the brunt of the affordability crisis — but that’s burdening owners too.