Posted Feb 17, 2026, 4:10 PM
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Registered User
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Join Date: Jan 2008
Posts: 7,785
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Quote:
Originally Posted by Festivus
Considering that rent has far outpaced wage growth in the last five years, I'm not going to celebrate stability. We need to see a big reduction in rent for things to return to anywhere near affordable. When a single person can't afford a small 1-bedroom apartment on minimum wage, then rent isn't affordable, compared to historic prices. Housing starts are up, which is great, but they need to increase a lot more.
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Has a single person on minimum wage ever been able to afford apartment rent. That's what roommates and your parent's basement is for.
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