return2ozma@lemmy.world to News@lemmy.world · 6 months agoRenters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years agofortune.comexternal-linkmessage-square158fedilinkarrow-up1786arrow-down110cross-posted to: housing_bubble_2@lemmy.worldaboringdystopia@lemmy.world
arrow-up1776arrow-down1external-linkRenters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years agofortune.comreturn2ozma@lemmy.world to News@lemmy.world · 6 months agomessage-square158fedilinkcross-posted to: housing_bubble_2@lemmy.worldaboringdystopia@lemmy.world
minus-squarePlague_Doctor@lemmy.worldlinkfedilinkarrow-up1·6 months agoNah, it’s because we don’t tax the wealthy and corporations as the average individual, and let the “market” dictate the price of inelastic sectors ie Healthcare, Food, and Housing.
minus-squareiopq@lemmy.worldlinkfedilinkarrow-up1arrow-down1·6 months agoHousing is elastic. I lived with my dad until I was like 30 because of housing prices.
Nah, it’s because we don’t tax the wealthy and corporations as the average individual, and let the “market” dictate the price of inelastic sectors ie Healthcare, Food, and Housing.
Housing is elastic. I lived with my dad until I was like 30 because of housing prices.