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submitted 11 months ago by Aboel3z@programming.dev to c/economics@lemmy.ml
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[-] Tremble@sh.itjust.works 1 points 9 months ago* (last edited 9 months ago)

Ok so looking at real numbers I don’t think your sentiment is correct. I’ll take other numbers too but I am seeing the median income is around 70k annual.

But then I am seeing it costs around 61k just to rent a one bedroom apartment.

Are you seriously suggesting that about half of the “middle class” could not even afford to rent a one bedroom apartment?

(I got my numbers just from quick google searches fyi I tried to post pics but it did the endless scrolling bug)

this post was submitted on 27 Dec 2023
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