return2ozma@lemmy.world to News@lemmy.world · 2 years agoApartment rents are on the verge of declining due to massive new supplywww.cnbc.comexternal-linkmessage-square29fedilinkarrow-up1163arrow-down112
arrow-up1151arrow-down1external-linkApartment rents are on the verge of declining due to massive new supplywww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 2 years agomessage-square29fedilink
minus-squarebluGill@kbin.sociallinkfedilinkarrow-up3arrow-down2·2 years agoLong term they do, but often it is lumpy where your pay loses for a few years and then they adjust it up. Even if your pay isn’t matching inflation, it can still go up more than rent
minus-squaremrnotoriousman@kbin.sociallinkfedilinkarrow-up1·2 years agoI hate to break it to you, but wages have absolutely not kept up with inflation in the long term. At least here in the US. Wages have been stagnant for decades.
Long term they do, but often it is lumpy where your pay loses for a few years and then they adjust it up.
Even if your pay isn’t matching inflation, it can still go up more than rent
I hate to break it to you, but wages have absolutely not kept up with inflation in the long term. At least here in the US. Wages have been stagnant for decades.