If you feel like you’re spending way too much of your paycheck on your monthly rent, you’re not wrong.
For, South Florida has been named the worst metro area in the U.S. for renters. A new study by shows that 62.7 percent of renter households in Miami-Dade, Broward and Palm Beach in 2017 were cost-burdened — which means they paid more than 30 percent of their income on rent.
That’s only, when 62.8 percent of South Florida households were cost-burdened.
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