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News@lemmy.world · 2 years 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 · 2 years ago

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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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jordanlund@lemmy.world
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2 years ago
Naw, naw, it’s cool… see, surely their income went up 30% in 5 years, right?.. Right?
- canihasaccount@lemmy.world
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  2 years ago
  It did, actually: https://fred.stlouisfed.org/series/LES1252881500Q

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