I’m going to get down voted into oblivion, but I’m just going to throw this out there. My parents and I are also immigrants from the former Soviet Union. We’ve had to move multiple times since coming to America and have been evicted at least twice because the owners of the rental properties sold their land to be developed. With that said, we would all completely agree with you that America is a great country. But, reigning in big business isn’t necessarily a horrible idea. What Bernie wants to do isn’t even comparable to what was going on, and is still going on, over there. I’ve been back multiple times since my dad still lives there.
I could be wrong, but the numbers could be going by HUD standards where an individual/family should be paying 30% of their income towards housing? So, $7 minimum wage at 100 hours per work would come out to $2,800 monthly. That would be around 29% of income going towards housing. These numbers are saying how many minimum wage hours you would need to work without being cost burdened. Kind of a misleading article here, but still important if you’re into this sort of thing. And they said I’d never do math after graduating….they were mostly right.
Oh I’m not saying it doesn’t make sense, I’m just saying that it’s not going to go away any time soon. Great for landlords, bad for the average American. Rent affordable to a household with one full time worker earning the U.S mean renter wage is $761. There’s literally just not enough affordable housing. I’m also speaking from a low-income household perspective so this could just be me going off on a tangent.
Honestly though, natural trends aside, this really should be a national concern. With renting becoming the more favorable option, vacancy rates in the United States have hit around 4%, the lowest since 2001. Landlords saw this trend and still increased average rent price by 3.1%. I’m not saying people should be storming city hall, but this is definitely something that our generation should atleast pay attention to.
Advertise
Still would
That’s fair. I guess I just have a thing for Midwestern 7s. We can’t all shoot for the stars.
Woah. Don’t knock the Dells till you’ve gotten obscenely drunk and gotten kicked out of the waterpark capital of the world.
I should reevaluate my life.
Malort: These pants aren’t going to shit themselves.
I’ll be back home in Chicago for St. Paddy’s day weekend. Needless to say, if I see you, we’re doing shots of Malort.
Yeah, either way, we have Budweiser and the NFL. Rest of the world can eat it.
I’m going to get down voted into oblivion, but I’m just going to throw this out there. My parents and I are also immigrants from the former Soviet Union. We’ve had to move multiple times since coming to America and have been evicted at least twice because the owners of the rental properties sold their land to be developed. With that said, we would all completely agree with you that America is a great country. But, reigning in big business isn’t necessarily a horrible idea. What Bernie wants to do isn’t even comparable to what was going on, and is still going on, over there. I’ve been back multiple times since my dad still lives there.
Don’t worry Johnny. She’s gawbage, and SHE’S ALWAYS GONNA BE GAWBAGE.
I could be wrong, but the numbers could be going by HUD standards where an individual/family should be paying 30% of their income towards housing? So, $7 minimum wage at 100 hours per work would come out to $2,800 monthly. That would be around 29% of income going towards housing. These numbers are saying how many minimum wage hours you would need to work without being cost burdened. Kind of a misleading article here, but still important if you’re into this sort of thing. And they said I’d never do math after graduating….they were mostly right.
They don’t want us to get lost out here at sea man…but we gon do it anyway. LIIIION.
Oh I’m not saying it doesn’t make sense, I’m just saying that it’s not going to go away any time soon. Great for landlords, bad for the average American. Rent affordable to a household with one full time worker earning the U.S mean renter wage is $761. There’s literally just not enough affordable housing. I’m also speaking from a low-income household perspective so this could just be me going off on a tangent.
Honestly though, natural trends aside, this really should be a national concern. With renting becoming the more favorable option, vacancy rates in the United States have hit around 4%, the lowest since 2001. Landlords saw this trend and still increased average rent price by 3.1%. I’m not saying people should be storming city hall, but this is definitely something that our generation should atleast pay attention to.