Homeowners in every state but one spent more of their incomes on housing costs last year than at the start of the decade, according to data released Tuesday by the Census Bureau, the Associated Press reports. Those in Alaska spent the same.
Nationwide, homeowners spent nearly 21 percent of their incomes on housing costs last year, up from just under 19 percent in 1999.
Housing analysts blamed surging home prices, higher interest rates and lower incomes for hurting affordability.
