I did the math on that guy’s stats of an average rent of $108 and average income of $9,000 in 1970. You could pay your rent in just 3 days of work. Simple math, no taxes deducted.
It matters little how much burger flippers get paid in some states. The rent is still too high in the cities of America.
They’re ripping us all off.
Wrap your head around this.
I’m a boomer and what I was paying for in 5 months for mortgage payments was the entire price of what my parents paid for a home.