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News@lemmy.world · 4 months ago

Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago

cross-posted to:
aboringdystopia@lemmy.world

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Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago

return2ozma@lemmy.world to

News@lemmy.world · 4 months ago

cross-posted to:
aboringdystopia@lemmy.world

“Since pre-pandemic, the income needed to afford rent has increased by 31.5%,” Zillow’s chief economist, Skylar Olsen, wrote yesterday.

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iopq@lemmy.world
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4 months ago
Not really, if the 1 is $100,000, should they feel worse than the $500,000 and above?
- Maggoty@lemmy.world
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  4 months ago
  The 1 is not 100,000 and you know it.
  - iopq@lemmy.world
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    4 months ago
    Yes, but my point is not everyone should be equal, everyone should have enough money to live
    
    Those are very different goals

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