@return2ozma to News • 7 months agoRenters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years agofortune.comexternal-linkmessage-square157arrow-up1786arrow-down110cross-posted to: housing_bubble_2aboringdystopia
arrow-up1776arrow-down1external-linkRenters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years agofortune.com@return2ozma to News • 7 months agomessage-square157cross-posted to: housing_bubble_2aboringdystopia
minus-square@StaySquaredlink1•7 months agoThat’s a major issue about inflation - it’s really just an additional tax. In inflation, cost of living goes up, income/wages do not.
That’s a major issue about inflation - it’s really just an additional tax. In inflation, cost of living goes up, income/wages do not.