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flag Over 20% of U.S. renters spend all their income on rent, forcing many to take second jobs or cut savings.

flag Over one in five U.S. renters spend their entire income on rent, according to a Redfin survey. flag To afford housing, 20% work a second job and 19% work jobs they dislike. flag Renters also resort to using government assistance, living with others, reducing retirement savings, or selling investments. flag Rent costs have risen significantly, making renting challenging but still more affordable than buying a home.

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