Why Michigan Renters Now Need Almost $25 an Hour for Affordable Housing
Posted by Michael Perna on
It’s getting harder for Michigan renters to keep a roof overhead. In fact, a new report finds you’d have to earn about $24.46 per hour while working full-time to afford a modest two-bedroom apartment in Michigan. That figure, almost $25 an hour, far outpaces what many Michiganders actually earn. For families and young workers across Metro Detroit and beyond, this growing gap between rent and wages is becoming impossible to ignore.
What does a “$25 housing wage” really mean, and why are so many of our neighbors feeling the squeeze? This article breaks down the numbers and local insights behind Michigan’s rental affordability crunch. Written in the voice of a lifelong Michigander and Metro Detroit real estate expert, it’s a friendly deep-dive into why…
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