4 ms·
> Rent as a percentage of income is remarkably steady historically https://www.realestatewitch.com/rent-to-income-ratio-2022/ https://www.realestatewitch.com/r
by kleer001 4y ago
> Rent as a percentage of income is remarkably steady historically
https://www.realestatewitch.com/rent-to-income-ratio-2022/ https://www.realestatewitch.com/rent-to-income-ratio-2022/
and
https://www.federalreserve.gov/econres/notes/feds-notes/differences-in-rent-growth-by-income-1985-2019-and-implications-for-real-income-inequality-20211105.htm https://www.federalreserve.gov/econres/notes/feds-notes/diff...
and
https://www.theatlantic.com/business/archive/2012/04/how-america-spends-money-100-years-in-the-life-of-the-family-budget/255475/ https://www.theatlantic.com/business/archive/2012/04/how-ame...
So, depends on what you mean by steady. ~3%-ish growth (at the worst) in my book is not steady.
But yea, totally less expensive and wider availability of high quality food is great to be reminded of, thanks!