THE RENT IS TOO DAMN HIGH—AND IT’S GOING TO STAY THAT WAY
Jun 21, 2019
3 minutes
CHRISTIAN BRITSCHGI
THE PHRASE MADE famous in 2009 by longshot New York City mayoral candidate Jimmy McMillan is now a reality for millions of tenants across the United States.
According to the U.S. Bureau of Labor Statistics, inflation has pushed overall consumer prices up by 154 percent since 1984. During the same period, urban rents increased by 227 percent. The website Apartment List finds that the percentage of renters nationwide who
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