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News@lemmy.world · 1 year ago

Apartment rents are on the verge of declining due to massive new supply

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Apartment rents are on the verge of declining due to massive new supply

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

A year ago, rents were posting 11% annual growth. Now they look like they're about to go negative year over year.

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mrnotoriousman@kbin.social
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1 year ago
I hate to break it to you, but wages have absolutely not kept up with inflation in the long term. At least here in the US. Wages have been stagnant for decades.

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