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Unaffordable rents are linked to premature death, Princeton study finds (www.cnbc.com)

submitted 8 months ago by [email protected] to c/[email protected]

21 comments fedilink hide all child comments

Renters burdened by unaffordable housing costs may be at a higher risk of dying sooner, according to a new study published in the journal Social Science & Medicine.

An individual paying 50% of their income toward rent in 2000 was 9% more likely to die over the next 20 years compared with someone paying 30% of their income toward rent, according to the study from researchers at Princeton University and the U.S. Census Bureau’s Center for Economics Studies. Someone paying 70% of their income toward rent, meanwhile, was 12% more likely to die.

“We were surprised by the magnitude of the relationship between costs and mortality risk,” said Nick Graetz, a postdoctoral research associate at Princeton University and the study’s lead author. “It’s an especially big problem when we consider how many people are affected by rising rents. This isn’t a rare occurrence.”

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[–] [email protected] 26 points 8 months ago (1 children)

Of course. The more you have to spend on shelter, the less you have for everything else.

Cuts should be made at the top, not the bottom. Always. If you have to raise your rents, no you don't. You have spare properties, you're doing fine.

[–] [email protected] 1 points 8 months ago

Isn't the the most depressing part of capitalism... Investment profits are more important to our society than preventing housing stress -_-