Study: Rental Costs Continue to Outpace Wage Growth in San Diego ...Middle East

A San Diego house for rent. Staff photo Rents have surged in recent years, and wages have not kept pace, though last year workers made some gains. Pay in 2023 grew faster than rents nationally and in almost half of major U.S. metro areas – but not in San Diego. While other California markets, including Los Angeles, Riverside and San Francisco, saw enough of a wage gain for workers in 2023 to overtake the rise in rental costs, local renters still faced a gap, according to an analysis by Zillow.com and StreetEasy. Over the period from 2019-23, rents in San Diego climbed 36.6%, while wages rose just under 19%. If the data is isolated to 2023 alone, rents rose 3.1% as wage growth t

Hence then, the article about study rental costs continue to outpace wage growth in san diego was published today ( Friday 17/05/2024 - 11:28 PM ) and is available on Times of San Diego ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Study: Rental Costs Continue to Outpace Wage Growth in San Diego )

Also on site :

• Enbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy delivery
• Quote of the Day: Organizational Psychologist Adam Grant on Rethinking Self-Doubt and Building Confidence
• Stellantis N.V. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - STLA