?WHY IS
RENT HIGH?
Opportunity and housing costsHigh housing costs erase much of the wage gain from moving.
For lower-skilled households, income net of housing costs falls more sharply over time than for higher-skilled households.
REDRAWN FROM STUDY DATAFigure 3 · Returns to migration after housing costs
Figure 3 · Returns to migration after housing costs. Values digitized from Figure 3 in the archived publication; minor reading error is possible.| Census year | Statewide income | Low-skill income net of housing | High-skill income net of housing |
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| 1960 | 0.02 | 0.01 | 0.03 |
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| 1970 | 0.01 | 0 | 0.02 |
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| 1980 | 0 | -0.02 | 0.01 |
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| 1990 | 0.02 | -0.05 | 0.01 |
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| 2000 | 0.08 | -0.11 | 0.04 |
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| 2010 | 0.05 | -0.2 | 0.03 |
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