From The Editors
Workforce Housing for When the Rent’s Too Damn High
March 13, 2024
The average American renter spends 30 percent of their income on housing, according to a January report from Moody’s Analytics. I imagine if Moody’s surveyed the restaurant industry, the numbers would look even starker. For workers, historically high rents make it tough to cover basics like food, transportation, and health care. For operators, excessive housing costs mean ...