this post was submitted on 03 Apr 2024
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United States | News & Politics

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Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds (www.cnbc.com)
submitted 1 year ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] leanleft@lemmy.ml 1 points 1 year ago (1 children)

i understand. so how about 1.5

[–] mke_geek@lemm.ee 0 points 1 year ago (1 children)

That's not enough to have a reasonable assurance of the renter being able to pay rent on time and in full each month.

Remember that things happen like funerals, flat tires, getting sick, utilities, etc that require extra money periodically.

[–] leanleft@lemmy.ml 1 points 1 year ago

thats may be realistic.. ( esp given that americans max out their credit cards to the point of debt).

just so happens to coincide with need for labor and worker empowerment.
"dont start a union! get a promotion and make 3X the rent instead!"