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Chasm widens between rent, median wages

Paychecks for many Oahu residents fall short of "fair market" costs, data show

By Susan Essoyan

POSTED: 01:30 a.m. HST, Aug 02, 2014

~~<p>Monthly sales reports from the Hono&shy;lulu Board of Realtors tout soaring housing prices, which just hit a record $700,000 for the median single-family home, but the rental market gets little attention.</p>
<p>&quot;We all know it's expensive, expensive, expensive,&quot; said Jenny Lee, staff attorney for the Hawaii Appleseed Center for Law and Economic Justice. &quot;Well, how bad is it? We want to shift the focus to renters.&quot;</p>
~~

Monthly sales reports from the Hono­lulu Board of Realtors tout soaring housing prices, which just hit a record $700,000 for the median single-family home, but the rental market gets little attention.

"We all know it's expensive, expensive, expensive," said Jenny Lee, staff attorney for the Hawaii Appleseed Center for Law and Economic Justice. "Well, how bad is it? We want to shift the focus to renters." Login for more...



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