3 ms·
That sounds like it is affordable and profitable if you are in the top half of incomes. In that situation - a renter who made ~40k a year (in today's dollars -
by handmodel 5y ago
That sounds like it is affordable and profitable if you are in the top half of incomes.
In that situation - a renter who made ~40k a year (in today's dollars - probably 30k in 1990 dollars) in 1990 could not afford a single family home and had to deal with expensive rents (because the city didn't allowed apartments buildings where there was demand).