Poverty, inflation, and gov't benefits are calculated as if renters spend 30% of their income on housing. Increasingly, that number is a fantasy. Here's the hourly wage a full-time worker would need to "afford" to rent a 2-bedroom unit in every state.
* Read more here: http://goo.gl/hnW06Y
* Also check out the US Dept of Labor Minimum Wage Mythbusters: http://www.dol.gov/minwage/mythbuster.htm
I work as a machinist and CNC programmer at a nuclear certified machine shop, and I fall below the listed wage for my state.
But I didn't need an infographic to tell me I can't afford a rental.
Pretty accurate for my state. Definitely needs a push.
The rent in my part of SoCal would be $1800-$2200 for a 2bedroom appartment So the number is way off for me but California is a big state with huge differences in rental rates.
Up New York by about 10 an hour, and I am counting out NYC.
Working how many hours a week?
The problem… It is based on a single person working over 2 people working. Would make more sense comparing it to a single person dwelling or studio imho. Also the data used is somewhat wrong. For example Hawaii(where I am from). They are adding in homes that are in the higher end neighborhoods over the conventional homes, also our bubble hasn't popped like the other states have.
+Reginald Bowie
I'm thinking they are using the higher end rentals in every state.
This is not accurate , well i can say for P.R i move here since november and you cant afford a 2 bedroom rental for 10.53/h , plus now we got a increase in Tax to 11.5% i believe PR should say $16.00 plus
Nyc? Haha look up the median income…. Most people make a lot less and they are doing fine
America is the worse place on earth [Babylon]. It's all a set up with we HATE poor people written all over it. Hardly anyone can afford anything due to their rent. Mostly everyone I know spend most of their money on RENT, which is way past INSANE!!! I call it The Devil's Land because mostly all Americans have been turned into criminals due to the high cost of living and soon all will be drug dealers, gang members, pimps, killers, robber's and doing anything and everything just to make ends meet. Mostly all of America's women are prostitutes and soon they'll all be prostitutes doing anything just to have a place to live. Jesus Christ is THE DEVIL and we all have been taught to worship this slim ball piece of dog shit as a whole. Yeah, they lied too us all because The Lord's ONLY name has forever been YAHOSHUA. America was created by LUCIFER and this is who HATE the poor. This land was created to FORCE all to worship The Devil. TheUltimateLive | http://www.theultimatelive.com
People take it because
a)they are convinced they can be a millionaires.
b)that allowing people to succeed to become millionaires is mutually exclusive with letting those that don't live comfortable lives.
+Timothy Coneal
O_o……….Do us a solid, take your meds. ¬_¬
The point of this chart is to raise money for subsided housing for poor people – that's who paid for this ad. It was not meant to promote raising minimum wage. It's making the claim that property values are too high. Not the kind of thing home owners want to hear.
Well, the data can be used to support either, or other options. The data is just data, regardless of who made it can still be used to make a few arguments to whats wrong with the current state at the moment.