Rent Inflation Outpacing Income Heavily Since 1980

Rent Inflation Outpacing Income Heavily Since 1980

Published At: Jun 09, 2024 by Verified Invesing
Rent Inflation Outpacing Income Heavily Since 1980

While buying a home is ridiculously expensive, renting is not much better. Rents are up 426.58% since 1980. That compares to a gain in household income of 267.96% from 1980 to 2024.

These numbers put incredible strain on renters who are already paying an excessive amount for things like car insurance, home insurance, food and energy. Essentially, the average person is being bled dry.

Think about it like this, 1 in 8 Americans do not have enough cash reserves to cover a $2,000 emergency. Half of Americans have no retirement savings at all. Social security, something that every American pays into will be out of money by 2035

Verified Investing is here to fight for investors and citizens all over the world. Through data, facts and truth, our goal is to reveal what most don't know, cutting out the mainstream media narratives and social media hype. Verified Investing is the truth beacon that investors can find faith in.

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