Rents pricing out minimum-wage workers across the USA, report says

Rents pricing out minimum-wage workers across the USA, report says

Not even in Arkansas, the state with the cheapest housing in the country. The minimum wage in Redwood City, though it will soon increase, is $11.

The most expensive county in the state is Honolulu, where the "housing wage" is $39.06 per hour. The national "housing wage" for a two-bedroom is $22.50.

You can afford a typical 2-bedroom apartment if you make just under $33 an hour. In Kansas, where the state minimum wage is $7.25, you'd need to make $10.53 an hour to afford a studio. The eight failing common means of employment like food preparation ($9.40), retail salesperson ($10.41), cashiers ($9.33), laborers and freight movers ($12.66), waiters ($9.45), office clerks ($14.42), janitors ($11.59) and stock clerks ($11.65) fall below what is necessary for someone to afford a modest two bedroom apartment.

Today the National Low Income Housing Coalition released Out of Reach 2018, its latest annual report on housing costs, and well they're bad.

The county's "housing wage", or the amount you'd need to make per hour to spend no more than 30% of your income on rent, is $38.73 an hour.

Downsizing to a one-bedroom apartment will only help so much. The report reveals that 41 percent of Cuyahoga County residents are renters, and the housing wage needed is less than the state's average at $15.10.

Housing costs have continued to rise with growing demand for rental housing in the decade since the Great Recession.

"In America today, almost 11 million families pay more than half of their limited incomes toward rent and utilities", Sanders writes. It's an annual report to document the gap between wages and the cost of rental housing across the United States. The three jobs expected to both grow and pay enough to live-general operations managers, software developers, and registered nurses-"require advanced degrees or significant experience". "The administration's cruel and shortsighted proposals to cut housing benefits would add to the struggles of millions". It's hard to praise Cleveland for its affordability when there are an average of 12 evictions every single day and an enormous waiting list for housing vouchers through CMHA. During the same time, the number of homes renting for less than $800 declined by 2%. "Building that political will take a combination of increased civic engagement-to ensure that low-income renters vote at similar rates as higher income homeowners - and expanded coalitions that include the health, education, civil rights and faith-based communities, all of which have a stake in ensuring more people are affordably housed". But this process, known as filtering, does not produce enough affordable rental homes to serve extremely low income renters. Landlords in weak housing markets often find the cost of upkeep is higher than the rent they are able to collect, and they therefore decide to abandon maintenance on the housing or repurpose the property.

"Absent public subsidy", the report reads, "the private market fails to provide sufficient housing affordable to the lowest income households". You can download more Washington data here.

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