More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent: Redfin Survey
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations:
investors.redfin.com/investor-relations
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Source: Business Wire
22% of U.S. renters say all their regular income goes toward rent payments. 19% of renters report they have worked a job they hated to afford rent. SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Just over one in five (22%) U.S. renters say all of their regular income goes directly to paying their rent, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage.Working a second job is also a fairly common way for renters to pay housing costs, with 20% of renters citing that method. Nearly the same share (19%) say they have worked a job they hated to afford rent.One in seven (14%) renters have used a cash gift from family to pay rent. Renters also report dipping into money that was earmarked for retirement to pay their housing costs. More than one in 10 (13%) pulled money out of retirement funds early, and 12% contributed less to retirement savings.While U.S. rents have flattened out over the last year, rents are much higher than they were before the
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News
- Redfin Reports Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster RideBusiness Wire
- Redfin Reports Early-Stage Homebuying Demand Jumps to Its Highest Level in 15 Months Despite High Mortgage RatesBusiness Wire
- Redfin Survey: 18% of Home Hunters Say Safety/Crime is a Reason They’re Moving, 14% Cite Climate RisksBusiness Wire
- Homes With Low Natural Disaster Risk Are Rising in Value Faster Than Homes With High Risk for the First Time in Over a DecadeBusiness Wire
- Redfin Co. (NASDAQ: RDFN) had its "neutral" rating re-affirmed by analysts at DA Davidson. They now have a $7.25 price target on the stock.MarketBeat
RDFN
Earnings
- 11/7/24 - Miss
RDFN
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- RDFN's page on the SEC website