3 ms·
This. 30%+ of income just to acquire rental shelter isn't healthy. Especially when that regressively scales with income (i.e. people who make less pay a larger
by ethbr1 3y ago
This. 30%+ of income just to acquire rental shelter isn't healthy.
Especially when that regressively scales with income (i.e. people who make less pay a larger percent of their total income).
And especially when the siphoned capital isn't being reinvested in new housing (because landlords and investors would rather collude and boost profit margins on existing stock).