Since 2000, rents have grown roughly twice as fast as wages, and you don’t have to be an economist to understand why that is hugely problematic,” said Zillow Chief Economist Dr. Stan Humphries…
Since 2000, rents have grown roughly twice as fast as wages, and you don’t have to be an economist to understand why that is hugely problematic,” said Zillow Chief Economist Dr. Stan Humphries…
It’s the same in the UK – rent prices are sky high and it’s impossible to get on the property ladder and buy a house unless you have at least £10,000 in the bank. Many people if they have the option are moving back in with their parents so they can save up money to buy a house. It’s ridiculous!
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