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by lesuorac 992 days ago
I'm not sure where you're going with that. My point was really that being at the top is nice but the 30th %-ile aren't enthusiastic.

120k is going to be like 85k after tax so assuming they use the median rent rate they went from 21% to 28% of their post-tax salary going to rent. That's certainly going to be noticed (5.5k / month to 5k / month; 10% drop)

And the median household definitely noticed considering their income decreased [1].

[1]: https://www.census.gov/library/stories/2023/09/median-househ...