Families across every U.S. state are spending more than 7% of their income on childcare, surpassing the affordability threshold set by the Department of Health and Human Services, exacerbating existing housing cost burdens. This financial strain creates a vicious cycle where families must choose between paying for essential services like childcare or maintaining stable housing, impacting first-time homebuyers and low-income workers most severely.
Read the full article at Realtor.com Blog
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