If you want to rent a midrange apartment in Boston, you’ll need to make $100,000 year.
Zillow, the online real estate company, recently analyzed median rents around Massachusetts and the incomes needed to afford them. It concluded that a single person in Boston would need a job paying $50 a hour, or about $100,000 a year, to afford the median rent of $2,497 a month.
Someone making less than $25 an hour, or $50,000 a year, could afford the median rent in only a handful of communities around the state.
Friday, December 26, 2014
Want to Rent in Boston? Get a $50-an-Hour Job
Katie Johnston at BoGo writes:
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No surprise here. Boston is a financial services hub so it sits close to the Fed spigot. It's also filled with state worshipping progressives who are "Boston Strong" during de facto martial law episodes and who decry "income inequality" arising from "capitalism." What a perfect combo.
ReplyDeleteWho the f--k wants to live in Boston? Certainly not me.
DeleteOf course option 2 is live the way of "Aunty".
ReplyDeleteGet no job.
Have the taxpayers pay your rent.