Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
Open link in next tab
Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
https://fortune.com/2024/05/10/housing-market-outlook-renters-need-to-make-more/
“Since pre-pandemic, the income needed to afford rent has increased by 31.5%,” Zillow’s chief economist, Skylar Olsen, wrote yesterday.