• DamarcusArt
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    10 months ago

    Doesn’t the last little dip show a small decrease?

    So if in 2020 someone paid $1000 in rent, in 2021-22 it rose by 20% to $1200, then dropped maybe 2% in 2023 down to around $1176 or so.

    That’s my understanding of it, please tell me if I’m not getting it, math was never something I was great at.

    • Rod_Blagojevic [none/use name]@hexbear.net
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      10 months ago

      It looks to me like the chart indicates that recently there may have been some average decrease in rents, but they’ve mostly been rising (sometimes dramatically) over the entire period covered by this graph.