Minimum wage workers cannot afford some qualified subjective standard rent in any US state.
I don't understand how people don't have a major problem with a large news source making blatantly untrue claims.
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Minimum wage workers cannot afford some qualified subjective standard rent in any US state.
I don't understand how people don't have a major problem with a large news source making blatantly untrue claims.
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> When I was young, I had roommates. I don’t think every working person should be able to afford a 1 bedroom apartment. Not everyone working minimum wage is doing it "when they were young." Do you really think it's a good objective for a 55 year old cook for a non-profit organization to be living with room mates? Would you want that? The solution is there if you are willing to reduce the wealth generated by investmen…
> Do you really think it's a good objective for a 55 year old cook for a non-profit organization to be living with room mates? Would you want that? This, like many others, does not sound like a job that warrants minimum wage so no.
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It depends on what the goal should be. Having roommates is fun when you're 20 something. Not when you're trying to support a family.
Minimum wage is not designed to provide enough income to support a family. It it intended to prevent labor abuse.
Single people on the minimum wage would do very well. Maybe save?
What is wrong with that?
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It depends on what the goal should be. Having roommates is fun when you're 20 something. Not when you're trying to support a family.
Minimum wage is not designed to provide enough income to support a family. It it intended to prevent labor abuse.
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If anything, the pandemic illustrates why it is important to spend no more than 30% of monthly rent. People simply do not have the savings to fall back upon in times of crisis. This forces a reliance upon some form of social safety net or homelessness in the case of lost employment. It forces people to continue working in unsafe conditions if they manage to keep their job. Of course, the consequences go well beyond p…
The problem is, contemporary zoning laws make the construction of (relatively) inexpensive housing illegal, by mandating excess parking requirements and forbidding multifamily housing on the vast majority of usable parcels: https://www.theatlantic.com/business/archive/2012/03/the-ren... . Until we resolve that problem, we're going to keep getting headlines like the original one. We've regulated ourselves into ultra-h…
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Paris is expensive, but I've rented studio apartments here in Grenoble, France, for about 450eur, yes. Given, Grenoble is nothing of not a small town compared to Paris. But those apartments were also in the very heart of the city, one was directly at the river with a panorama view of the alps. edit since these details matter here: two apartments in question. One was a 1R without, the other a Studio with amazing view.…
"calling out the people at the very bottom for their lavish lifestyles / demands" A room of one's own is a lavish demand? Yes.
Minimum wage workers should mainly be teenagers, young single people, and other dependents who don't need to live alone or for a family, and for whom minimum wage makes sense while they advance in careers. I honestly don't care if minimum wage means you can afford rent. I'm most interested in what percentage of those with dependents are working minimum wage jobs and what percentage of those that started out with mini…
Unfortunately, that is not how things work in the real world. Many people simply have been unable to find better paying jobs. And the old way of working your way through college doesn't work. Both because college is so expensive, and because it no longer guarantees a high paying career.
Plus there are people who have just had life screw up everything for them. Whether because they made bad choices or just suffered the consequences of someone elses bad choices.
So what can we change? I'd argue that raising the minimum wage will do little to help. I remember someone, who overall supported that idea, reporting that their research showed the long term effect would be negligible since the cost of goods would just go up until the buying power of the minimum wage was back where it started.
I also think the focus on the minimum wage is because it is a simple idea and politicians can use it to gain votes.
I think the real solution is going to be complicated, and take decades. It would include strengthening peoples support structures.
As in when you need help, you have a family or group of friends who help you. I think current American culture encourages broken families and the idea that your friends should go to the government first. Not to you.
Also, as a Christian, I firmly believe the Church in America should be a LOT more active in this area. We do good work a lot of the time, but we can do a lot better.
Then there's education and choosing a career. Currently everyone goes to college. End result is that a degree doesn't mean anything any more, and people who choose to forgo college can be looked down upon. A cultural change that addresses that is need. (See MikeRoweWorks for some ideas.)
And we need a restructuring of our current welfare systems. I remember seeing data showing that the government spends something like $60,000 a year on each recipient. Then I see the private non-profits that get people into life long careers on budgets much smaller than that. What's that definition of insanity? ;)
Anyway, just a few thoughts. I don't believe I have all the answers, just that it is a very complicated problem, and we shouldn't let politicians and activists buy our votes with overly simplified ideas like "raise the minimum wage."
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It depends on what the goal should be. Having roommates is fun when you're 20 something. Not when you're trying to support a family.
Minimum wage is not designed to provide enough income to support a family. It it intended to prevent labor abuse.
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Countries and places with the most extensive housing regulation have some of the most unaffordable housing. Stockholm’s housing market, for example, is a basket case.
How can that be, exactly? If it's "extensively regulated", then why is it so expensive? Can you point to a relationship between capping the price and inflating it? They seem to be inversely related.
I knew people who moved from Stockholm to Berlin and kept on paying their rent in Stockholm, just so they don't lose their apartment. That's how hard it is to get one.
Berlin also had a rent cap, so instead of competing on price, you had to compete on intangibles like: letters of recommendation from previous landlords, proof of income and good conduct, having a high-profile job, nationality, etc.
Since supply is low, demand is sky-high and prices are capped, you had 30-40 people applying for the same apartment. Add the fact that once a landlord takes you in, there is almost no way that they can kick you out and you will end up with a very complicated and long vetting process that doesn't exactly favor the working class folks.
Also, you can end up with other costly requirements like: the landlord will only choose a tenant who buys all the furniture in the house. That's one example of an unregulated cost increase that is not affected by the rent cap.
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"calling out the people at the very bottom for their lavish lifestyles / demands" A room of one's own is a lavish demand? Yes.
I'm sorry if my position didn't come across clearly. My position is that a 1R is by no means lavish. It should be a matter of common decency that someone working full time should feel entitled to be able to afford one, at least for rent.