Renters Spend Too Much on Housing

According to a new study by the Harvard University Joint Center for Housing Studies, a record number (almost 26%) of Americans are spending more than half of their pre-tax income for rental housing. This means that more people have less money to spend on food, healthcare and savings. In the past, spending a lot of your income on housing was something that affected low-income renters, these days more lower-middle income renters and middle-income renters are paying 30% to 50% of their incomes for rent and utilities. Since the mid 90’s rental housing has been decreasing and construction for newer units has been lagging.

If you’re having to move to a new rental unit to save money on your rent, trust the All My Sons of Jacksonville movers to help you with professional moving services at an affordable price. You can get started by visiting the Jacksonville moving specialists online to get your free moving quote. The Jacksonville movers are backed by four generations of movers so you have nothing to worry about. Your personal belongings will make it safely into your new rental unit in no time.