Because the cost of buying property, maintaining it, and covering property taxes has jumped, so have the costs of renting... even for the middle class.

Poster Comment:

This is due to legal and illegal immigration increasing the demand for housing. And wage increases discounted for inflation have been less than a tenth of one per cent of the increase in productivity.

Might I point out that the population of Mexico was 28 million in 1950. Today it is 132 million and there are 34 million Mexican-Americans. I wrote this:

Senator, Why Do You Want to Cut Our Wages and Pensions 50%?

https://vidrebel.wordpress.com/2019/04/29/senator-why-do-you-want-to-cut-our-wages-and-pensions-50/