Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago - eviltoast
“Since pre-pandemic, the income needed to afford rent has increased by 31.5%,” Zillow’s chief economist, Skylar Olsen, wrote yesterday.
  • iopq@lemmy.world
    13·
    6 months ago

    Of course you’re paying more, it’s called inflation. You also have a higher income than you did before COVID, but you didn’t mention that