Charted: Sacrifices people make to afford rent or mortgage payments
Published Date: 4/6/2024
Source: axios.com
Data: Redfin; Note: Responses with less than 14% were excluded from the chart; Respondents could choose multiple responses; Chart: Axios Visuals

A striking share of renters and homeowners across the U.S. are skipping essentials like meals and medical care to keep a roof over their heads, per a new Redfin report.

The big picture: Half of renters and homeowners struggle to afford monthly housing payments, Redfin found.


Yes, but: Demographics play into the types of sacrifices people make.

  • For instance, white and Asian survey respondents are most likely to skip a vacation, while Black and Hispanic respondents are most likely to work more hours, per the report.

The intrigue: Millennials are the generation most likely to borrow money from friends and family to cover housing costs, per the report.