NYC rents grew 7 times faster than wages in 2023, new data shows

Name: NYC rents grew 7 times faster than wages in 2023, new data shows
Uploaded: 2024-05-08T19:33:00-0400
Duration: 28 s
Description: It's getting harder for many people to afford living in New York City, according to a new market analysis. Rent grew more than 7 times faster than wages last year, according to data from Zillow, StreetEasy and the Bureau of Labor Statistics.

It's getting harder for many people to afford living in New York City, according to a new market analysis. Rent grew more than 7 times faster than wages last year, according to data from Zillow, StreetEasy and the Bureau of Labor Statistics.