The biggest threat to our economy.

[FreshStart1]

RENT

..and both sides seem to talk so little about it.

The amount of work hours needed to afford a simple 1BR apartment has doubled since the 1960's.

College debt? You don't HAVE to go to college. (It's a good idea and will net you more money, but it's not a requirement).
New car prices? You can uber or user public transportation.
Stock market? A lot of people can't even afford to invest.


Yet the above gets mentioned more than rent. It effects everyone, and younger folks struggle to save enough for a house down payment, due to rent being so expensive.

[JI7]

1. and it hurts retail and other businesses also

[FreshStart1]

2. n/t

Yes it does. So much income going towards rent, people have little to save or spend at retail stores.

You also have a lot of apartments who still want three times the rent in income. Considering a lot of people don't make $2100+ a month, it pushes people into crappier apartments.

[JI7]

4. yes, but I meant the businesses themselves which seem to do well

and get good customers. but they are spending so much on just the rent that they need to shut down.

I know of one business that had to close one location which was the one with the most sales becsuse the rent was too high.

[Sherman A1]

3. Certainly a significant issue

along with education costs, drug costs, stagnate wages and a few others.

[MichMan]

5. Maybe Jimmy McMillan, the "Rent is Too Damn High" guy will enter the race again

[pansypoo53219]

6. LIVING costs is outpacing wages for many.

[Blue_true]

7. Business rents in vibrant cities are through the roof.

It is not just housing rents.

[Initech]

8. The rent is too damn high and the pay is too damn low!