> It finds that in 2022, as rents spiked during the COVID-19 pandemic, a record half of U.S. renters paid more than 30% of their income for rent and utilities.

> It finds that in 2022, as rents spiked during the COVID-19 pandemic, a record half of U.S. renters paid more than 30% of their income for rent and utilities. Nearly half of those people were severely cost-burdened, paying more than 50% of their income. Unaffordable here is based on a specific definition. They consider it unaffordable for more than 30% of your income to go towards housing, it doesn't mean that you can't afford rent at all.