Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,646 posts)
Thu Jun 15, 2017, 09:27 PM Jun 2017

Rent is out of reach for minimum-wage workers in every state. This map shows how far out of reach



If you’re being paid minimum wage, forget about being able to afford a two-bedroom apartment. In fact, forget about being able to afford a one-bedroom apartment. According to the annual report on wages and housing costs from the National Low Income Housing Coalition, there’s nowhere in the country either of those things can come close to happening for workers making the federal minimum wage and working a mere 40 hours a week:

The 2017 national Housing Wage is $21.21per hour for a two-bedroom rental home, or more than 2.9 times higher than the federal minimum wage of $7.25 per hour. The 2017 Housing Wage for a one-bedroom rental home is $17.14, or 2.4 times higher than the federal minimum wage. A full-time worker earning the minimum wage needs to work 117 hours per week for all 52 weeks of the year to afford a two-bedroom rental home or 94.5 hours per week for a one-bedroom rental home.

But states and cities have made a lot of progress in recent years, with many having minimum wages far outstripping the federal level. Maybe the situation is better in those places? Somewhat, but nowhere near enough, as it turns out:

Despite a minimum wage higher than the federal level in 29 states, the District of Columbia, and a growing number of local jurisdictions, in no state, metropolitan area, or county can a full-time minimum-wage worker afford a modest two-bedroom rental home. In only 12 counties can a full-time minimum-wage worker afford a modest one-bedroom rental home.

http://www.dailykos.com/stories/2017/6/13/1671411/-Rent-is-out-of-reach-for-minimum-wage-workers-in-every-state-This-map-shows-how-far-out-of-reach
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Rent is out of reach for minimum-wage workers in every state. This map shows how far out of reach (Original Post) Yo_Mama_Been_Loggin Jun 2017 OP
Yup Motownman78 Jun 2017 #1
we should start calling it the "slave" economy, not the "gig" econonmy... n/m bagelsforbreakfast Jun 2017 #2
It is!!!!!!!!!! n/t RKP5637 Jun 2017 #3
K&R volstork Jun 2017 #4
K & R! inanna Jun 2017 #5
I believe the minimum wage should be tied into the rate of inflation annually. bresue Jun 2017 #6
K & R LAS14 Jun 2017 #7
I'm hip DefenseLawyer Jun 2017 #8

bresue

(1,007 posts)
6. I believe the minimum wage should be tied into the rate of inflation annually.
Thu Jun 15, 2017, 10:28 PM
Jun 2017

If people become accustomed to this...after time there would be a major acceptance.

My point is that if minimum wage does not float with the rate of inflation, then after a year or two, the minimum wage is actually digressing. Our disposal money has less value every-time inflation goes up...which it predominantly has over the last century. Economics have known this for years...but nothing is ever done. And why I believe we have repeated dips in the markets.

A free market...means someone has something to sell...but if there is no one to buy....than the economy stagnates. If someone would really evaluate the market ups and downs...they could pinpoint when the minimum wage went up or stagnated.

Latest Discussions»General Discussion»Rent is out of reach for ...