Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High
Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High
Since 2001, median rents have risen by 21 percent — while renters’ incomes have only increased by 2 percent.
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Renting is the biggest scam this generation has convinced itself to fall for.
As opposed to.. homelessness??
No, no, no. Just pull yourself up by your bootstraps and buy a house
As opposed to living somewhere cheaper.
Most of you feel entitled to live in major cities.
When I find a fully remote job I'll consider somewhere with a lower cost of living.
Hey genius, if everyone moved to your shitty little town the rents would be unaffordable there, too
Everyone isn't moving to my town, but if they did it would also be more attractive and create another place that people like you would like to live.
The key is to spread out. Create more supply to satisfy demand.
But you don't want to do that because you feel entitled to live where you can't afford.
Yeah, we want to live where its desirable to live, not at even intervals across all the available land so you have to travel 90 miles to get groceries. Room temp IQ
Then you have to pay more.
Supply and demand.
Why is this so difficult for you to comprehend?
If, by "this generation," you mean the past couple of thousand years.
People rented apartments in ancient Rome. And they had a high rent problem too.
Woah, it's almost like magnitude matters and the amount of people doing something is important.
More people are renting than owning.
Very few people in Rome owned their home. It was mostly owned by the upper class.
Yeah, there are two generations.
The rome generation and this one.
Nothing in between, and certainly not a generation that valued ownership more than the current one.
No, there are also the many generations in between where the wealthy minority owned almost all of the land and charged for the "privilege" of living there.
Seriously, I have no idea why you think it's the norm in history for most people to own their own property.
I have no idea why you think it’s the norm in history for most people to own their own property.
Because you have a bad habit of making up stances for other people.
I never said, nor implied, it was the 'norm in history.'
My exact words were: "Renting is the biggest scam this generation has convinced itself to fall for" which is true.
Because you have a bad habit of making up stances for other people.
I was going to respond to the rest of what you said, but first you made this claim. I'm sure you can provide evidence for this. Unless it was a lie, of course. Was it a lie?