Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years 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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The rent for the fanciest apartment I've ever lived in (and ever will) was a little under 10k a year. New building, top floor, massive bathroom with sauna, a big balcony, a storage unit and a covered parking slot for my car all included. Oh and a lake view.
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In fucking Narnia I presume
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Mid-size city in Finland. I moved away after my relationship ended because 740€/month was too expensive for a single person to pay. The single room apartment in the middle of the city I had before that was around 450€/month.
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10k a year in my city won't even get you a third of a basic, bare-bones, 2-bedroom apartment.
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