> I'd maybe put the doubling of rent every decade up there at the top as the thing that causes the most mental health harm.
I can't say you're wrong. In my formerly inexpensive state, we went from 1 typical income to survive (1993) to 4 typical incomes. Just in 2021, we had to absorb a 70% increase in rent - and we were lucky.
State 'fixes' to home/biz insurance are quadrupling policy costs while mandating more people pay for it. Renters are going to eat every cent of that.
That doesn't even start to touch on things like this year's sudden 40% increase to auto policies, the f.u. surcharge for living in this state.
Of note on the auto insurance: We carry fat comp/med but no liability. Any damage to our cars from weather is fully on us and not the ins company. This means in our case, the f.u. FL increase can not be reasonably said to be proportional to our risk of weather damage.
I can't say you're wrong. In my formerly inexpensive state, we went from 1 typical income to survive (1993) to 4 typical incomes. Just in 2021, we had to absorb a 70% increase in rent - and we were lucky.
State 'fixes' to home/biz insurance are quadrupling policy costs while mandating more people pay for it. Renters are going to eat every cent of that.
That doesn't even start to touch on things like this year's sudden 40% increase to auto policies, the f.u. surcharge for living in this state.