Since 2001, median rents have risen by 21 percent — while renters’ incomes have only increased by 2 percent.
  • Ghostalmedia@lemmy.worldEnglish
    26·
    5 months ago

    That chart is stupid. It’s comparing housing prices to the average income for the entire US. Income is higher in the red areas and lower in the green areas. It’s not the same in every county or state.

    If you compare local housing prices to local pay you get a different map. A lot of those colors flip.