A person handing over a set of house keys to another person. Photo: supattra suparit/Adobe Stock

"Affordable housing" is becoming almost an oxymoron for many American households, whether they seek to rent or buy. The cost of renting or buying a three-bedroom home gobbles up more than one-third of wages in most county-level housing markets, and in some cases much more, ATTOM's 2024 Rental Affordability Report reveals.

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