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Thread: Here's What You Need to Make Hourly to Afford a 2-Bedroom Rental in Every State

  1. #1
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    Here's What You Need to Make Hourly to Afford a 2-Bedroom Rental in Every State

    Here's What You Need to Make Hourly to Afford a 2-Bedroom Rental in Every State | Alternet

    Every year Out of Reach, a program from the National Low-Income Housing Coalition, puts out a report demonstrating how unaffordable rents have become throughout the United States. Their report for 2015 has just been released and it highlights some disturbing statistics: the federal minimum wage is $7.25, adding up to an annual income of $15,080. The 2015 Fair Market Rent is $806, meaning it would take 86 hours of work at minimum wage to afford rent. Government benefits are calculated as if renters spend 30% of their income on housing, but 10.3 million households have incomes at, or below, 30% of the Area Median Income. In other words, 1 out of every 4 renters can't afford their existing rent.
    Thanks from Friday13

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    Link to report.

    http://nlihc.org/sites/default/files..._2015_FULL.pdf

    Detailed information on each state. Certainly answers the question, "what is a living wage" by area.
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    Southern Strategy Liberal OldGaffer's Avatar
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    Wingers and Baggers do not give a fuck if people live in the streets, it is their own fault for being born poor, don't you know?

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    Quote Originally Posted by labrea View Post
    Here's What You Need to Make Hourly to Afford a 2-Bedroom Rental in Every State | Alternet

    Every year Out of Reach, a program from the National Low-Income Housing Coalition, puts out a report demonstrating how unaffordable rents have become throughout the United States. Their report for 2015 has just been released and it highlights some disturbing statistics: the federal minimum wage is $7.25, adding up to an annual income of $15,080. The 2015 Fair Market Rent is $806, meaning it would take 86 hours of work at minimum wage to afford rent. Government benefits are calculated as if renters spend 30% of their income on housing, but 10.3 million households have incomes at, or below, 30% of the Area Median Income. In other words, 1 out of every 4 renters can't afford their existing rent.
    If you live alone.......

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    Quote Originally Posted by OldGaffer View Post
    Wingers and Baggers do not give a fuck if people live in the streets, it is their own fault for being born poor, don't you know?
    For a lot of people...that's exactly the case.

  6. #6
    Trumpaloompa Tormenter Cicero's Avatar
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    Quote Originally Posted by Tony View Post
    If you live alone.......
    and living alone should not be an option because?

    No one should be FORCED to take in room mates.
    Thanks from Friday13

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    Southern Strategy Liberal OldGaffer's Avatar
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    Quote Originally Posted by Tony View Post
    For a lot of people...that's exactly the case.
    Civilized countries do not dump their poor into the streets to survive as best they can.
    Thanks from Friday13, Vortex, Cicero and 1 others

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    Quote Originally Posted by OldGaffer View Post
    Civilized countries do not dump their poor into the streets to survive as best they can.
    I was referring to the it is their own fault for being born poor bit. But you knew that.......

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    Quote Originally Posted by Cicero View Post
    and living alone should not be an option because?

    No one should be FORCED to take in room mates.
    This is life.

  10. #10
    Council Member Djinn's Avatar
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    Quote Originally Posted by Tony View Post
    This is life.
    For many of them, it's rather the opposite.
    Thanks from Cicero, labrea, Friday13 and 1 others

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