News@lemmy.world · 6 months 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

fortune.com

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News@lemmy.world · 6 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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6 months ago
It did, actually: https://fred.stlouisfed.org/series/LES1252881500Q

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