Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
fortune.com Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
“Since pre-pandemic, the income needed to afford rent has increased by 31.5%,” Zillow’s chief economist, Skylar Olsen, wrote yesterday.
![Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago](https://lemmy.world/pictrs/image/6069b5f7-bdca-4a58-82d9-fe36fb33e4c9.jpeg?format=webp&thumbnail=256)
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public housing needs to double and the requirements to get on it need to be slashed.
17 0 ReplySlashed? No - removed. Then landlords can't make us pay their give mortgages while they retire on our labor.
9 2 Replypublic housing is the thing people hate and fear the most.
6 2 ReplyThe 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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