actually, rent prices might be so high because there’s fewer houses/apartments than people looking for one, and that drives prices up (low supply, high demand), but the reason that supply is so low is because investors are predicting that the population number will fall in the future (due to low birth rate), so people’s demand for houses/apartments will be lower as well. so if they construct now, it might not pay out for them later on. that is why they’re waiting, and not constructing, and if people do the same, instead of buying houses now, buying them later (e.g. living with your parents), rent and housing prices might significantly go down.
Depends a bit, but yes? My weekly groceries is like $150+ (closer to $170 or so most weeks) for two of us, and that’s living in a pretty shit-ass cheap state.
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Rent: $1,500
Electric: $150
Internet: $100
Gas: $160
Food: $400
Phone: $60
Insurance: $166(per month over 6 months)
Total: $84 a day.
you know what i’ve come to suspicion lately?
actually, rent prices might be so high because there’s fewer houses/apartments than people looking for one, and that drives prices up (low supply, high demand), but the reason that supply is so low is because investors are predicting that the population number will fall in the future (due to low birth rate), so people’s demand for houses/apartments will be lower as well. so if they construct now, it might not pay out for them later on. that is why they’re waiting, and not constructing, and if people do the same, instead of buying houses now, buying them later (e.g. living with your parents), rent and housing prices might significantly go down.
Hundred bucks a week for food? For 1 person?
Depends a bit, but yes? My weekly groceries is like $150+ (closer to $170 or so most weeks) for two of us, and that’s living in a pretty shit-ass cheap state.
That’s only $14 a day, I think that’s fair.