'I’m making the most money I've ever made, and I’m still living paycheck to paycheck'

“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • @Lauchs
    -6•8 months ago

    Yeah because rental properties are often shitholes and it skews the numbers

    Sure but my point is that this lady has made an extremely expensive purchase and now continues to pay for it.

    Most rents are cheaper than mortages.

    Yeah because rental properties are often shitholes and it skews the numbers

    Rent is usually paying for someone’s mortgage for them, why would they make it lower? Who are these generous landlords?

    Ahhh, there’s the misunderstanding. Local/single owner rentals are actually a small proportion of tenancies. Most are large organizations which have purchased a large building etc. It’s actually a kind of fascinating issue but worth reading about!