Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High

Lee Duna@lemmy.nz to News@lemmy.world – 221 points –
Study: Half of Renters Paid Unaffordable Rates in 2022, a Record High
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That's not the issue where I live. Houses easily go for $300k+ here and the only rentals I can find are $3000/mo, and/or winter months only. You may say to just move, but I grew up in this area, I have the best job I've ever had and my kids' school is helping them immensely. Shouldn't I be able to find a modest 3 bedroom that's affordable? We'll I can't.

Then move somewhere else that you can afford.

You're not exempt from supply and demand.

That's the answer? Uproot my family, change the school that works well for my kids, and likely change jobs because land owners are greedy. Makes sense to me.

Yeah. You can no longer afford to live somewhere, so you have to move somewhere cheaper.

Other people are willing and able to pay more than you, so they get access to places before you do.

It's called "supply and demand," and unfortunately people like you have convinced themselves they are immune to it.

Supply and demand shouldn't apply to basic necessities like housing, food, water, and healthcare.

I agree, but it's the quality of housing and food that people don't realize.

If you can't afford to live in desirable areas, then you have to move to undesirable areas.

If you can't afford doordash every day, then you have to cook your own meals.

City people don't want to accept these simple facts of life and get mad whenever an adult points it out to them.