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More of your paycheck is going to pay rent. Which cities are keeping pace?

Por: The Boston Globe Business December 03, 2022

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With skyrocketing rents, landlords aren’t just taking more of your cash — they’re spending more of your time.The typical full-time employee in the United States worked nearly 63 hours in October to pay an average rent of $2,040 — almost six hours more than in October 2019, before the pandemic, according to data from the listing company Zillow. In other words, about 36% of the average renter’s gross income is spent on housing.“That is... + full article



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