11–20 of 58 posts
Even worse, this kind of sensationalism around rising rents seems to be bringing the rent control zombie back to life in a number of cities. What a disaster that would be.
I wonder how much California and New York averages are bumped by due to places like San Francisco and New York City.
I wonder how much California and New York averages are bumped by due to places like San Francisco and New York City.
The article doesn't address why the hourly wage for 2-bedroom is relevant in relation to say, a 1-bedroom, studio, or mansion. Looking briefly at the BLS data, it seems that there are about equal numbers of single- and double-earner households. It's not clear to me that a single-earner household should expect to be able to rent a two bedroom apartment.
How dare single parent families expect to live somewhere decent.
Being from Arkansas, I always thought our housing prices were crazy low. When I was in university there, I paid something like $450/mo for a two bedroom, 1000 square foot (92 square meters) apartment. Then I moved to Seattle and pay 6x as much per square foot. That's to be expected, I guess. Seattle is much more desirable than Arkansas.
The article doesn't address why the hourly wage for 2-bedroom is relevant in relation to say, a 1-bedroom, studio, or mansion. Looking briefly at the BLS data, it seems that there are about equal numbers of single- and double-earner households. It's not clear to me that a single-earner household should expect to be able to rent a two bedroom apartment.
How dare single parent families expect to live somewhere decent.
This sort of stuff rubs me the wrong way. I live about 20 minutes outside of Pittsburgh. When I graduated college 6 years ago, I held down a restaurant job while doing an internship that would eventually lead to my first full-time job in my field. I had a roommate who worked at a hotel. We found a two-bedroom apartment (a house split into 3 units) that was going for $425/month plus utilities. Because we split, I had…
I wonder how much California and New York averages are bumped by due to places like San Francisco and New York City.
Keep in mind that in NYC there are very high priced apartments, but there are also a LOT of low income housing/slums/projects where rent is dirt cheap, it's just that people live in terrible conditions compared to what that same rent could get you elsewhere.
Being from Arkansas, I always thought our housing prices were crazy low. When I was in university there, I paid something like $450/mo for a two bedroom, 1000 square foot (92 square meters) apartment. Then I moved to Seattle and pay 6x as much per square foot. That's to be expected, I guess. Seattle is much more desirable than Arkansas.
I am also from Arkansas! I am planning on moving back in the next few years as my remote work jobs solidify. Information like this really hammers that point home. If you have family/friends in Arkansas, it's a cheap way to live with a fairly reasonable quality of life - at least the NW corner where I grew up.
Central Arkansas is more expensive, but still extremely affordable compared to the rest of the country. My sister just bought a 3 bedroom house in a good neighborhood in Little Rock for < $150K. It would easily cost $600K+ here in Seattle.