Our Carrie Bradshaw index: Where Americans can afford to live solo
Our Carrie Bradshaw index: Where Americans can afford to live solo
www.economist.com Our Carrie Bradshaw index: Where Americans can afford to live solo
In many cities even the most basic apartments are unaffordable
In 57 of 100 of the largest cities in America, the gross salary needed to comfortably (using 30% of salary) afford a studio apartment is higher than the national median wage.
And in many cities the gap to the local median wage is huge too. $140k to afford a studio in NYC!
1 comments
I wonder how other anglosphere cities would stack up. Toronto and Vancouver housing markets I know are absolutely wack, whereas Montreal is significantly more YIMBY than them, resulting in much more affordable housing. I don't know so well about, say, Australia, but I do generally year they have a nasty housing crisis as well.