The U.K. Parliament passed legislation in an effort to control spiraling rental costs and reverse rising homelessness rates.

Housing costs are eating up more and more of Americans’ monthly budgets.

Half of renters and a quarter of homeowners are cost-burdened, meaning they spend more than a third of their income to pay their rent or mortgage. Roughly 27% of renters are spending more than half of their income on rent.

Originally published on theconversation.com, part of the BLOX Digital Content Exchange.

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