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.
  • Maggoty@lemmy.world
    1·
    6 months ago

    Did I say we should make everyone live on the exact same income?

    For giggles though if we distributed our GDP equally it would be about 106,000 after the government budget is taken out. And that’s without accounting for not having to pay Medicaid/SSI/SSDI/etc… anymore.