Not to say that social media isn't bad for mental health, it certainly is. But I've been out in NYC and seen swarms of young people at bars and clubs, it's not like they're not socializing with each other.
Not to say that social media isn't bad for mental health, it certainly is. But I've been out in NYC and seen swarms of young people at bars and clubs, it's not like they're not socializing with each other.
I can't say you're wrong. In my formerly inexpensive state, we went from 1 typical income to survive (1993) to 4 typical incomes. Just in 2021, we had to absorb a 70% increase in rent - and we were lucky.
State 'fixes' to home/biz insurance are quadrupling policy costs while mandating more people pay for it. Renters are going to eat every cent of that.
That doesn't even start to touch on things like this year's sudden 40% increase to auto policies, the f.u. surcharge for living in this state.
Of note on the auto insurance: We carry fat comp/med but no liability. Any damage to our cars from weather is fully on us and not the ins company. This means in our case, the f.u. FL increase can not be reasonably said to be proportional to our risk of weather damage.
My 2-bedroom rent has increased only ~23.33% in 13 years, from 815 to currently 1005.
Also small landlords with good tenants often don’t raise rents as fast as they should compared to the market.
There are thousands of cities in the US, and maybe 10-20 of them are so popular that everyone wants to live there. Of course the prices in those places are going to be crazy - you have to outbid everybody else.
IDK man I've seen rents and land prices skyrocket in places like Franklin NC. You know what's in Franklin NC? Nothing.
I don't have an explanation for that, and I don't think it's limited to trendy places