In Utah (where I am) renters are unable to rent at all anymore. Housing and rent prices are higher here than they are in Hawaii. I was in a single bedroom apartment (admittedly a nicer one with lots of space and a great view) but I paid through the nose, almost twice as much as I made in a month at my job. It was ridiculous, and that was back in 2018.
Now the prices are so high, even people with six figure incomes are out in the street. There is no affordable housing here in Utah anymore. The small one-bedroom brick home my grandparents lived in (which I think they bought fro about $45,000 back in the day) is now going for 6 million dollars.
And that’s in a very LOW rent neighbhorhood. Houses here are only being bought by people in other states with mega amounts of money, who then turn around and use them as rental properties for people visiting from other rich states.
In Utah (where I am) renters are unable to rent at all anymore. Housing and rent prices are higher here than they are in Hawaii. I was in a single bedroom apartment (admittedly a nicer one with lots of space and a great view) but I paid through the nose, almost twice as much as I made in a month at my job. It was ridiculous, and that was back in 2018.
Now the prices are so high, even people with six figure incomes are out in the street. There is no affordable housing here in Utah anymore. The small one-bedroom brick home my grandparents lived in (which I think they bought fro about $45,000 back in the day) is now going for 6 million dollars.
And that’s in a very LOW rent neighbhorhood. Houses here are only being bought by people in other states with mega amounts of money, who then turn around and use them as rental properties for people visiting from other rich states.