New research by Habitat for Humanity International highlights how rising housing expenses push vast numbers into difficult financial choices. Their Home at What Cost? study surveyed 30,000 individuals across 22 nations, showing households often reduce spending on essentials, like food, medical care, savings, and family planning, to meet rent or mortgage demands.
In the U.S., 68% of respondents said they cut back on at least one expense to afford their housing payments.
Among trade-offs being made, one-third reported spending less on food, 32% reported dipping into savings or emergency funds, and 13% delayed or avoided medical care to afford their home.
Affordability issues are also leading to safety compromises, with 40% of respondents accepting housing risks due to the high cost of safer options. In the U.S., 59% believe the housing system is flawed or ineffective.
Jonathan Reckford, CEO of Habitat for Humanity International, said, “A home should never come at the cost of your health or your future. It should be the foundation of health, opportunity, and financial security.” He noted that more than half of people believe the housing system in their country is broken or simply isn’t working for them.
Over half of surveyed individuals say housing costs make it difficult to consider starting a family. The share rises to 62% among surveyed Gen Z and millennials. Additionally, nearly six in ten parents and guardians worry that housing costs are limiting opportunities for their children.
Over a third of respondents, including 39% of Gen Z and millennials, cite their housing situation as a major stressor. In the U.S., 37% of participants identified housing as one of their top sources of stress.
Reckford emphasized that government, businesses, and communities need to work together to create housing systems that help people build a future instead of simply surviving the present. He said, “We cannot accept a future where people have to lower their expectations for what a home should provide.” Jonathan Reckford and his organization are highlighting the need for change in the housing system to ensure that people have access to affordable and safe housing.
Housing Stress and Future Plans
More than one in three people say housing is a big source of stress.
Housing costs affect plans for starting a family and future homeownership.
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