60minutes program about rents (to rent, how much, home)
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As someone who makes more than 65k and lives on a boat...in one of those areas... I can say that it's crazy how much rent has become... the boat is less than 30 ft and I bought it years ago to use on the weekend. Can't believe it's my home now...not complaining...just surprised.
Biggest take away from this article for me “ We are not building enough housing for everybody who needs a place to live “. I had no idea that there was such a lack in building & the impact of 2008
Biggest takeaway for me: Corporations are buying all housing and middle income folks will not be able to own and will be paying massive amounts of their salary to rent. And this is countrywide - used to be you would move to the less desirable states and be fine. That's going away.
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