A 1996 $1,200 rent in Manhattan lands near $2,300–$2,800 today, depending on index choice and neighborhood effects. We show step‑by‑step conversions, discuss Owner’s Equivalent Rent, and explain why general inflation understates housing pressure in superstar cities with persistent supply constraints and zoning friction.
National median wages rose slower than urban rents in several eras. Entry‑level publishing, hospitality, and academic roles especially fell behind. We chart ratios across decades, then evaluate what happens when a character’s raise cannot match a landlord’s renewal, forcing roommate changes, longer commutes, or a heartfelt goodbye to a sunlit window.
Recessions briefly flatten rents, but renewal timing can cancel relief. Booms arrive faster than character development, and crises shift bargaining power unevenly. We simulate lease anniversaries against macro shocks, then note how plot armor lets keys stay put while real tenants chase sublets, deals, and luck.





