Renters fly below the radar of most real estate agents, eluding notice until they express interest in becoming homebuyers. So you may be wondering: “Why should I care about renters’ wages?”
California has the third-highest rental housing wage in the nation (right after Hawaii and District of Columbia), at $26.65. This means an hourly worker needs to make $26.65 per hour to qualify for an average two-bedroom apartment at 30% of their monthly income. Read more
|