A new Zillow report finds renters making average wages need to work 63 hours to cover rent compared to two years ago, highlighting a widening gap between rent growth and wage growth.
Source: Inman News
How much has rent risen? About an extra 6 hours of work per month
More from cost of rentMore posts in cost of rent »
- Buying vs. renting: The income gap is widening, Redfin says
- What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin
- Rent remains near record highs, but the balance of power is shifting
- 4 more US senators call for DOJ probe of RealPage over rent hikes
- Minimum wage workers need at least 4 jobs to pay rent in some cities
More from InvestingMore posts in Investing »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- What’s driving multifamily’s market resurgence?
- Real estate beats Wall Street: How agents become wealth advisors
- Feds bust real estate execs in $25.9M scheme against homeless
- 6 intelligent tech tools every agent-landlord can leverage
More from Property PortfolioMore posts in Property Portfolio »
More from RentalsMore posts in Rentals »
- 6 intelligent tech tools every agent-landlord can leverage
- How to help sellers prepare to list a tenant-occupied property
- Selling a property with tenants living in it? Here’s what to know
- Gen Z is changing the rules of renting. Are you ready?
- Single-family rentals continue to grow as a desirable asset class
More from SelectMore posts in Select »
- Kevin Brown shares his plans as NAR’s new president (EXCLUSIVE)
- How to turn up the volume and amplify your brand with podcasting
- Fallout over Fed policymakers’ investments reshaping the board
- Realtors reject proposal to require disclosure of more referral fees
- Paraspot AI sees the future of property inspection: Tech Review
More from ZillowMore posts in Zillow »
- Realtors reject proposal to require disclosure of more referral fees
- 53% of US homes lost value from 2024 — but it’s not a crash
- Will Anywhere merger launch M&A arms race? It’s not yet clear: Intel
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Where else is Zillow not enforcing its private listing ban?
Be First to Comment