By Anna Helhoski | NerdWallet If you rent your home in a major metro area, chances are you already know this hard truth: Your pay raises aren’t keeping up with your rent hikes. A new analysis released on Tuesday by the rental website StreetEasy and its parent company Zillow found that rent growth has surpassed wage growth in 44 out of the 50 largest U.S.

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  • Rent growth outstrips wages in most US metros, report says
    The report analyzed rental ... Tennessee — actually saw wage growth decline from 2022 to 2023 even as rent prices climbed. Some metros are seeing wages grow faster than rent However, the rental ...
    05/9/2024 - 11:28 pm | View Link
  • Rent Growth Outstrips Wages in Most U.S. Metros, New Report Shows
    From 2019 to 2023, two metros ... wages grew 1.2% as rents spiked 8.6% — that’s seven times as fast. The report cites record low vacancy rates and high demand for the spike in rent growth.
    05/8/2024 - 2:57 pm | View Link
  • Rent Growth Outstrips Wages in Most U.S. Metros, New Report Shows
    When wages can’t keep up with the pace of rent growth, those rental markets become even more unaffordable. And that’s just what happened, according to the report: Nationwide, rents grew 30.4% ...
    05/8/2024 - 1:48 pm | View Link
  • Rent Growth Outstrips Wages in Most U.S. Metros, New Report Shows
    The report analyzed rental ... Tennessee — actually saw wage growth decline from 2022 to 2023 even as rent prices climbed. Some metros are seeing wages grow faster than rent However, the rental ...
    05/8/2024 - 1:00 pm | View Link
  • Rent Growth Outstrips Wages in Most U.S. Metros, New Report Shows
    If you rent your home in ... Zillow found that rent growth has surpassed wage growth in 44 out of the 50 largest U.S. metros since before the pandemic. The report analyzed rental data from both ...
    05/7/2024 - 1:00 pm | View Link
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