Axios Vibes: America’s unhappiest people – Axios
Why renters are feeling worse about their finances than homeowners – Emily Peck/Axios
“Americans who rent their home have been through the wringer over the past few years, dealing with double-digit rent increases, while soaring home prices and mortgage rates pushed homeownership increasingly out of reach…The affordability of renting has plunged (😒), while most homeowners have seen the value of their homes surge (🤑)…57% of renters in our poll described their current financial situation as ‘poor,’ compared with just 29% of homeowners. Homeowners are nearly twice as likely to say they’re getting ahead financially, compared to renters.”
Renters have about half the income of homeowners and more than forty times less wealth:
