The math that incites the fires of Hades:
RENT PRICES.
Because it’s cold hard fact that it actually has gotten out of control, and it’s not a whine-based theory.
A lot of us are struggling, and it isn’t just because we hear about it more because everyone has a camera in their pocket.
It’s real, and more and more are catching on.
Some people out there, like Freddie here on TikTok, have taken it upon themselves to show us exactly how.
He starts it off getting straight to the point,
“Millennials and Gen Zers who are complaining that they can’t buy a house are not working for minimum wage. These are people making 60 – 90 thousand dollars a year who can no longer afford a house.”
UH. YEAH. Though you could just about DOUBLE that number in some places.
Freddie then goes on to show us just how absurd these numbers have gotten, to the detriment of young folks looking for that American Dream.
“Making double the federal minimum wage in 2024, rent would be 75% of your gross income.”
I….just have one word.
GROSS.
Make sure to check out his full video here, it’s worth it.
If you want to feel more enraged.
@fmsmith319 Boomer: “Millennials and Gen Z need to stop complaining about housing prices.”
Let’s see what folks had to say.
One person reminds us about the 3x rent to even be able to be considered for an apartment.
While one person’s allegory is just chef’s kiss.
And the duel of the day goes to:
This really is a sad situation… and there are no signs of it getting better.
Now that you’ve read that story, check out this one about a delivery driver who took a $400 grocery order back because she wasn’t given a tip.
Source: https://twistedsifter.com/2024/03/realtor-shows-how-out-of-control-rent-and-housing-prices-have-become-when-adjusted-for-inflation/