Here’s How Much Extra Cash You’d Have If Rent Were Affordable

Imagine, if you will, that you only had to pay the recommended maximum of 30% of your income on rent. For a family earning $100,000, that would be $2,500 a month. Not exactly chump change, to be sure — but still not enough to afford even a median-priced two-bedroom apartment in cities like New York, San Francisco, Washington, Boston, or Los Angeles (places where a six-figure salary doesn’t stretch like it used to).

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