| Author | Message | ||
Andhrawala Legend Username: Andhrawala Post Number: 64674 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Demand and supply. Mee NJ lo high billing rates(salaries) and lot of jobs. so maanchi schools vunde areas will be expensive as well a sproxmity to train stations No Signature | ||
Saarang Hero Username: Saarang Post Number: 16611 Registered: 06-2012 Posted From: 97.113.83.221 Rating: |
Idhi change against previous averages in the same cities...ippudu Cali cities lo people are spending more than 40% of their income on rents. | ||
Gotcha Megastar Username: Gotcha Post Number: 28179 Registered: 02-2008 Posted From: 96.87.93.22 Rating: N/A |
San jose Sfo Ny Washington Main culprits andaru unaru ... | ||
Sesani Legend Username: Sesani Post Number: 56753 Registered: 08-2014 Posted From: 108.171.131.170 Rating: N/A |
Forget abt CA, it was always high... maa NJ Edison area la rents are mind boggling... how can people afford such high rents anipistaadi... | ||
Saarang Hero Username: Saarang Post Number: 16610 Registered: 06-2012 Posted From: 97.113.83.221 Rating: N/A |
SOY to californians https://www.zillow.com/research/affordability-q3-2017-17466/ The median U.S. rent takes 29.1 percent of the typical household income – up from 25.8 percent between 1985 and 2000. Renters in 34 of the nation’s 35 largest markets spend a larger share of income on rent now than they did historically. Homeowners now spend $3,300 less a year on mortgage payments than they would if mortgage payments required the same share of income as they did historically. Rising rents are eating up an increasingly large share of tenants’ incomes, costing the typical U.S. renter almost $2,000 more per year than they would if renters were devoting the same-sized chunk of their paychecks to their landlord as they used to. Currently, the median U.S. rental requires 29.1 percent of the median monthly income. However, in the more typical housing market years of 1985 to 2000, renters spent far less — just 25.8 percent of their income — on housing. If that percentage had stayed the same, renters now would be spending $1,957 less every month than they are. In some markets, the difference is far greater: Renters in San Jose, Calif., spend 38.4 percent of their incomes on rent, compared to 26 percent historically, which meant paying a total of $13,525 more in rent this year. That’s enough to buy a decent recent-model used car every year – or take a six-month world cruise every few years. It could also put a dent in student debt or help build retirement savings. |
