return2ozma@lemmy.world to News@lemmy.world · 1 year agoApartment rents are on the verge of declining due to massive new supplywww.cnbc.comexternal-linkmessage-square29fedilinkarrow-up1162arrow-down111
arrow-up1151arrow-down1external-linkApartment rents are on the verge of declining due to massive new supplywww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square29fedilink
minus-squarebluGill@kbin.sociallinkfedilinkarrow-up3arrow-down1·1 year agoLong term they do, but often it is lumpy where your pay loses for a few years and then they adjust it up. Even if your pay isn’t matching inflation, it can still go up more than rent
minus-squaremrnotoriousman@kbin.sociallinkfedilinkarrow-up1·1 year agoI hate to break it to you, but wages have absolutely not kept up with inflation in the long term. At least here in the US. Wages have been stagnant for decades.
Long term they do, but often it is lumpy where your pay loses for a few years and then they adjust it up.
Even if your pay isn’t matching inflation, it can still go up more than rent
I hate to break it to you, but wages have absolutely not kept up with inflation in the long term. At least here in the US. Wages have been stagnant for decades.