Re: rent rates these days
In 1998 my parents were paying $500/month for a 3-bedroom appt. Now those go for more than $900/month.
I know a friend, who pays $1100/ month for a 3-bedroom house rent. I pay almost $1500 for mine, but I own it, and we bought it only 2 yrs ago, when the prices were already inflated, but not as much as now. My uncle pays about $900/ month, but he owns it, and it costs almost as much as mine now, and he bought it about 6 yrs ago, when the prices were lower.
So, if you make minimum wage and work ft, you would barelly cover the rent, and no food or car.
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