Rent: Every year the media falls for this

Rent: Every year the media falls for this

Renters must earn close to $30 an hour to afford a two-bedroom unit, according to the report.

Source: Most Oregon renters’ full-time wages aren’t enough to comfortably afford rent – oregonlive.com

They leave out that this is the income needed to afford an apartment priced at the 40th percentile of market rents.

Stated another way, their report has the genius conclusion that

Average renter cannot afford a one bedroom apartment in the top 60% of the market.

But they never come out and say that. Instead, they intentionally obfuscate to imply those earning a minimum income cannot afford to live anywhere – yet they can and do rent lower priced units, priced lower than the 40th percentile. Duh.

Bad reporting like this, falling prey to propaganda from an activist group, is misinformation – and possibly disinformation since this is intentional misrepresentation.

Ultimately, they are saying that some one with a low income cannot rent an apartment at the high end of the market! Brilliant conclusion!

I wrote about this intentionally misleading report and the subsequent media nonsense back in 2020 – read the write up from then. Nothing changes from year to year – the same group publishes the same report every year. The media writes the same report, year after year.

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