Among those paying more than 30 percent of their income on housing, the percentages reporting sacrifices are higher: 62 percent among owners, 74 percent among renters.
A survey conducted by Hart Research Associates, commissioned by the MacArthur Foundation, found that people have taken all sorts of actions — ranging from cutting back on health care to getting an additional job — in order to make the rent or mortgage.
And 70 percent of those surveyed believe the nation is still in the middle of a housing crisis or that the worst is yet to come.
Hart Research Associates interviewed 1355 adults by phone April 8-14.
Among the findings:
— “Majorities of Americans believe that in their community, it is challenging to find affordable quality housing – whether renting (58 percent very/somewhat challenging) or buying (59 percent very/somewhat challenging.) ”
— “Greater than six in 10 adults believe it is at least fairly likely for a family that is struggling to keep their housing to have to take on an additional job or hours at work (82 percent very/fairly likely), stop saving for retirement (73 percent), accumulate credit card debt (72 percent), or cut back on health care (62 percent).”
— Among renters and owners paying more than 30 percent of their income on housing, “some 62 percent of distressed owners and three in four distressed renters (74 percent) have made at least one of these trade-offs in the past three years.
— “Among those indicating distress in paying their rent or mortgage, 27 percent have stopped saving for retirement, 23 percent have cut back on health care, and 23 percent have accumulated credit card debt.”