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In reply to the discussion: A Minimum-Wage Worker Can't Afford A 2-Bedroom Apartment Anywhere in the US [View all]BumRushDaShow
(131,488 posts)33. The quoted article in my post does say this
The mid to late 1990s ushered in many less stringent guidelines.3 Many households whose housing costs exceed 30 percent of their incomes are choosing then to devote larger shares of their incomes to larger, more amenity-laden homes. These households often still have enough income left over to meet their non-housing expenses. For them, the 30 percent ratio is not an indicator of a true housing affordability problem but rather a lifestyle choice. But for those households at the bottom rungs of the income ladder, the use of housing costs in excess of 30 percent of their limited incomes as an indicator of a housing affordability problem is as relevant today as it was four decades ago.
https://www.census.gov/housing/census/publications/who-can-afford.pdf
https://www.census.gov/housing/census/publications/who-can-afford.pdf
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A Minimum-Wage Worker Can't Afford A 2-Bedroom Apartment Anywhere in the US [View all]
appalachiablue
Jun 2018
OP
'POVERTY Is Rising Faster in US Suburbs Than In Cities, Here's Why' June 2, '18
appalachiablue
Jun 2018
#28
A full-time minimum-wage job won't get you a 1-bedroom apartment anywhere in America (2015)
oberliner
Jun 2018
#7
"no one making less than $140,000 a year can afford a 2-bedroom apartment in NYC."
BumRushDaShow
Jun 2018
#21
Yup, but lenders still use the 30% figure, even on high income households. (n/t)
thesquanderer
Jun 2018
#35
Besides rent control, NYC is also unusual because you typically don't need a car.
thesquanderer
Jun 2018
#37
Right. A version of this article comes out every year, it's still silly. Not just for the 30% reason
thesquanderer
Jun 2018
#23
As urban areas become more trendy and hip to live in, its the suburbs where low income families move
YOHABLO
Jun 2018
#10
The only way I could afford a one-bedroom on min wage in college was roommates...
Hekate
Jun 2018
#16
The headline to this post ought to be the rallying cry for ALL Democrats. n/t
Eyeball_Kid
Jun 2018
#17
Yeah. This is inaccurate on many levels and averages for such things are skewed.
Decoy of Fenris
Jun 2018
#25
What are the chances this bare economic fact and Ben Carson's rent increase will be covered on NPR..
Anon-C
Jun 2018
#29
Also related to serious decline of the US middle class. Unions are critical.
appalachiablue
Jun 2018
#47
So sorry for your loss and housing situation now at such a difficult time.
appalachiablue
Jun 2018
#59
In Upper Michigan, one can rent nice 3 BR homes for far less then $1,000 a month
Kaleva
Jun 2018
#61