Thursday, September 11, 2008

La Vie Boheme Slovaquie

Via Attackerman:

[Out of Range] is an interesting report. It compares average wages and rents in every county and metropolitan area in the US and calculates the amount of money a family must earn to afford an apartment.

Among other things, OOR establishes that the Housing Wage (the hourly wage that a full time worker must earn to afford a modest 2 bedroom in their area) was $17.32 nation wide, ranging from a low of $9.10 in Puerto Rico and a high of 29.02 in Hawaii. There is not a single city or county in the US where a full time worker earning the minimum wage could afford even a 1 bedroom apartment.

*Sniff* Nation of Whiners, right?

No comments: