Nurgle@lemmy.worldtoNews@lemmy.world•Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
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4 months agoRent as a percentage of income. General rule (and what I’m assuming the article is using without getting around the paywall) is 1/3 of your income should be rent. So if the avg rent in 2019 was $1666 and it’s now $2000 you should be making $80k/year instead of $60K.
…yeah you’re in a Lemmy comment section.