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New study finds it takes 4 people to afford apartment in Raleigh
wral ^ | 02.01.2023 | Matt Talhelm

Posted on 02/03/2023 7:56:00 AM PST by ChicagoConservative27

click here to read article


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To: ChicagoConservative27

In CA it takes a entire short bus full of illegals.


21 posted on 02/03/2023 8:48:20 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: deport

In 1964 the minimum was was $1.25

If you were paid with 5 quarters, the silver content would have been about 0.9 oz.

about $21 today.

make believe money will always reach its intrinsic value of zero.


22 posted on 02/03/2023 8:51:23 AM PST by wny
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To: eyeamok

Re #4. I was looking for the father too in the article. Didn’t see one.


23 posted on 02/03/2023 8:53:27 AM PST by DownInFlames (P)
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To: ChicagoConservative27

I rented a nice one bedroom garden apartment in Dallas (near Love Field) in 1975.

The rent:

$155 a month—included utilities


24 posted on 02/03/2023 8:59:41 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: ChicagoConservative27
"My mother said the apartment she was at in Chicago was 85 bucks a month in the 60's "

That was our mortgate.

25 posted on 02/03/2023 10:02:03 AM PST by StAnDeliver (Tanned, rested, and ready.)
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To: ChicagoConservative27

Cast LMBTQembers at Disney start under $30,000. They have to live four to a 4-bedroom in Orlando metro and spend half of what they make on rent. Schadenfreude!


26 posted on 02/03/2023 10:04:04 AM PST by StAnDeliver (Tanned, rested, and ready.)
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To: BipolarBob

Yes, Raleigh is in North Carolina.


27 posted on 02/03/2023 10:18:43 AM PST by Robert DeLong
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To: Lonely Are The Brave
"The apartment stock is not growing and there’s no where to go."

Incorrectamundo!

Tremendous post-plandemic spike in US multi-family buildouts.

Once the slack ran out of residential, there was still cheap money on the table and it ALL went into multi-family.

Why do you think that obnoxious RINO biotch went to Davos and started pimping Amnesty again?

28 posted on 02/03/2023 10:22:46 AM PST by StAnDeliver (Tanned, rested, and ready.)
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To: 9YearLurker

Those were the “good old days”, and compared to what is ahead, these are the good old days.


29 posted on 02/03/2023 10:35:28 AM PST by Max_850
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To: ChicagoConservative27

Supply and demand. Growing cities have a brutal rent market. Not much you can do about it other than increase inventory. Dems try to do rent control, which compresses the market more.


30 posted on 02/03/2023 10:41:57 AM PST by lurk (u)
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To: ChicagoConservative27

The rent’s just too dang high!


31 posted on 02/03/2023 10:43:41 AM PST by meyer (FBI = KGB for the DNC; IRS = Gestapo)
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To: ChicagoConservative27

I know. Bring in millions of illegal aliens and give them free housing.


32 posted on 02/03/2023 11:56:13 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Max_850

I do tend to believe you are correct. My parents were born in tough times and passed away at the tail end of the good times. My situation appears to be the mirror opposite.


33 posted on 02/03/2023 2:30:44 PM PST by 9YearLurker
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