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[email protected] • 7 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:
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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

@[email protected] to

[email protected] • 7 months ago

cross-posted to:
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“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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5•7 months ago
Also, the jobs that pay decently will start to not pay decently. And now we’re back at square one
- @[email protected]
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  3•7 months ago
  Actually worse than square one, because in this scenario, nobody’s picking up the trash.

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