You can now read 10 articles each month for free on BostonGlobe.com.

The Boston Globe

Business

Soaring rents are putting many families in peril

Harvard study finds some in Mass., US spend half of income on housing

Rapidly rising rents in Massachusetts and across the country are making housing unaffordable for a significant share of families and pushing many into homelessness, according to a study released Monday by Harvard University.

Massachusetts has the sixth-highest median rent in the nation as the supply of rental housing has failed to keep up with the surge in renters following the recent housing collapse and foreclosure crisis, according to the study from Harvard’s Joint Center for Housing Studies. More than one in four renters here and nationally must spend more than half their income on their housing, a level the report described as “unimaginable just a decade ago.”

Loading comments...

You have reached the limit of 10 free articles a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than $1 a week