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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21 0 ReplyOkay... now they need $20,100 dollars more per year.
32 0 ReplyCut the journalists some slack; ChatGPT 4.0 subscriptions can get expensive.
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