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News@lemmy.world · 8 months ago

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

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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 · 8 months ago

“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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insaan@leftopia.org
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8 months ago
The people in charge are either landlords themselves or on the side of the landlords, so this is will never happen without a massive political paradigm shift.

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