NYC Apartment Rents Grew Seven Times Faster Than Wages Last Year

Last year wages grew faster than rents nationally and in almost half of major US metro areas — but the opposite was true in New York City, where the nation’s largest gap emerged, according to a new analysis of rental data from Zillow and StreetEasy, along with wage data from the Bureau of Labor Statistics.

Read more: https://tinyurl.com/2s4czwbr