The chart below shows the rise in multifamily rents (19.6%) relative to wages (22.6%) since 2020, while monthly homeowner payments have risen by a staggering 101%.

Source: Freddie Mac
The chart below shows the rise in multifamily rents (19.6%) relative to wages (22.6%) since 2020, while monthly homeowner payments have risen by a staggering 101%.

Source: Freddie Mac