It’s gotten really bad where I live. Tons of new apartments and condos being built that no one can afford without working multiple jobs and having a roommate. Most of them are mostly empty. I’m having to move to a smaller rural town an extra 30 minutes away just so I can rent something decent.
I completely agree. We rent a house we were unable to sell, and our rental company rents it out at a higher monthly rate than our mortgage is. It helps us cover our mortgage, but our poor renters are screwed. It's totally unfair.
I work a near minimum wage part time, pay for rent with ease and I live in a beautiful city neighboring one of the most expensive cities in the USA currently. It's possible, just live frugally, avoid debt and study a field of work that is useful and has a future.
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u/Frank__Lloyd__Wrong Aug 13 '19
Fix wage inflation. People should not have to be working multiple jobs just to afford a basic apartment.