More than a quarter of renters said they did not read through their lease, or did not understand it, before signing.
Not exact matches
The general recommendation is to spend no
more than 30 percent
of one's income on rent, a challenge unto itself, since one -
quarter of renters put at least half
of their earnings towards housing.
The annual survey, which measures how affordable housing issues affect consumers, also found that
more than three
quarters of renters (77 percent) said they would be less likely to buy a home if they were required to put down a 20 percent down payment on the home, and a strong majority (71 percent) believe a 20 percent down payment requirement could have a negative impact on the housing market.