Hacker News new | ask | show | jobs
by nabilhat 882 days ago
25 years ago, I was spending just over 1/3 of my take home pay on rent. That used to be a normal thing that people could do, only 25 years ago.

The exact same apartment is listed today for over four times what I was paying then. The same job I had then now pays 25% more. Rent for the same apartment is more than that job's entire gross pay.

1 comments

20 years ago in São Paulo I was spending 1/3 of my salary in rent to share a flat with a friend in a quite nice neighbourhood, the same place now would cost 2x my salary of the time adjusted for inflation.

10 years ago in Stockholm I was renting a small flat 3 stations away from central station for about 9-10k SEK, the same flat nowadays is almost 2x that rent.

It's insane and happening in every major city it seems...