RECOVERY: Over 11 Million Americans Spend More Than Half Their Income On Rent, A 28% Increase From 2007

- Welcome To The Blackstone Recovery: Over 11 Million Americans Spend More Than Half Their Income On Rent (ZeroHedge, Jan 13, 2014): As we wrote most recently in November, the median asking rent in the US just rose to an all time high… … explained by the lowest US homeownership rate in nearly 20 years. […] continue reading world news