On average, the number is now over 100 – almost 3 weeks !
That’s up from 72 hours – about 2 weeks – back at the turn of the century.
Ouch.
* * * * *
“The Toil Index … portrays the most dramatic element of the middle-class squeeze — the effort required to rent a house served by a school of average quality. ” Robert Frank, New York University
Source: Washington Post Chart 12
Tags: rents, Toil Index, wages
The Homa Files 
January 4, 2012 at 9:25 am |
This is an interesting chart. I wonder if the median sq foot living area per person has increased over time along with this chart. In other words, are we placing more of our money in bigger housing or is it just getting more expensive to live as the chart suggests? The 90s and 2000s were the era of Mc Mansions.