Rent prices drop, but many Americans still struggle to afford housing

1 min read
Source: USA TODAY
Rent prices drop, but many Americans still struggle to afford housing
Photo: USA TODAY
TL;DR Summary

Rising rent prices in the US are making it difficult for some Americans to afford both rent and holiday travel. The cost of shelter has accounted for 70% of the increase in core prices over the past year, with the year-over-year shelter price index running twice as high as the overall inflation rate. While there are programs to help those who have fallen into hard times, working individuals like A' Quinton Ocasio are left struggling to make ends meet. Although there are signs that rents might be stabilizing, the high cost of rent continues to impact Americans' ability to travel home for the holidays.

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