Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago

return2ozma@lemmy.world to News@lemmy.world – 766 points –
Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago
fortune.com
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Why do people always turn these posts into opportunities to brag about how low their house payment is?

I don't see it as that, it's just a comparison to show how fucked up things are now.

Believe me I'm super bitter about being getting fucked on rent and being priced out of buying, but I dont take those kinds of comments as rubbing it in, just providing context.

I think Biden is giving out money for first time home buyers. I read that somewhere. An article mentioned it was like $400 a month for 2 years for first time home buyers to help them afford this shit. I mean a better fix would be stop all these corporations buying up houses and making it very expensive for others to buy, but I guess better than nothing?

That wasn't my intentions, and I apologize if that has stepped on someone's toes. I'm just mentioning how things have changed. I don't think a mortgage payment is something to brag about, not for me at least. Hell, I'm still a broke ass mo fo who's living paycheck to paycheck trying so hard to raise two kids.

Let's flip it this way. My rent was 1500 a month, and it was going to go up 13% this year. I bought a house this year instead, 2500 a month. In 5 years, that shithole apartment will cost more than my house.

People aren't bragging about how low their house payments are, their warning everyone about how shitty apartment price gouging is.

The human race is truly fucked ain’t it? We are all out for ourselves. Nothing will ever change.

What single contributing factor would you say carries the most weight? Throughout history there has been inequality, but never like this. Even medieval peasants worked less than modern Americans.

I think it’s our survival instinct to hoard. I don’t think we’ve evolved to live in such a massive civilization. We weren’t meant to live this way.

I do think this level of equality would exist in older times if they knew they could get away with it.

However the scale at which we live (the global economy) is so much larger that it’s easier for them to extract and hoard wealth. In older times our communities were much smaller. The consequences for fucking around were a lot higher because it was easier for the poors to hold them accountable.

Source?

Thanks, the medieval worker put in much longer work hours, which is interesting

Look at the column for medival worker vs. peasant

You cherry pick data to fit your narrative

What narrative? This is the first time I see that link

The commentor you're talking to has a bad tendency to change his/her original comment multiple times and then tries to gaslight people. Don't take the chud serious.

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