Homeowners make tradeoffs as costs soar

With budgets stretched, many consider new ways to bring in money

Inman News

What percentage of your family budget is your mortgage or rent check?

According to recently released 2007 Census figures, 7.5 million Americans spend at least half their income on their housing expenses. That's 15 percent of all Americans, up some 400,000 from the year before.

For most family budgets, housing expenses combined with rising food and fuel prices is enough to break the bank.

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