General Discussion

oberliner

(58,724 posts)

10. If the median gross rent is $1,075, doesn't that mean half of all apartments are below that?

Mon Oct 1, 2018, 05:24 AM

Oct 2018

Presumably, people earning minimum wage would be looking at apartments whose rent is below the median (which would be half of all apartments available for rent).

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Why don't many politicans consider the price of RENT. [View all] FreshStart1 Oct 2018 OP

The term "tiny home" will soon mean: Your clothes. dchill Oct 2018 #1

i agree, the same goes for Retail businesses. something should be done to control it JI7 Oct 2018 #2

It takes money and foresight to deal with the problem. Blue_true Oct 2018 #27

N/T FreshStart1 Oct 2018 #3

It's even worse here. In San Diego, average rent is $1,887 a month. Liberty Belle Oct 2018 #4

I agree absolutely. byronius Oct 2018 #5

Take a look at this guy Sherman A1 Oct 2018 #8

This message was self-deleted by its author RestoreAmerica2020 Oct 2018 #16

The down side of basic income Merlot Oct 2018 #9

no, basic income is mostly to deal with changes in the work place. especially automation JI7 Oct 2018 #12

I'm not saying people wouldn't be able to get jobs with BI Merlot Oct 2018 #20

If machines take jobs, exactly HOW are people going to get jobs other ways? Blue_true Oct 2018 #28

It is a control issue Puppyjive Oct 2018 #6

slum lords don't care LittleGirl Oct 2018 #7

"Flip this house etc were written for those people" BumRushDaShow Oct 2018 #17

That's pathetic LittleGirl Oct 2018 #19

Some neighborhood orgs have been petitioning our City Council BumRushDaShow Oct 2018 #23

Can the city buy the houses and take out the flippers? Blue_true Oct 2018 #29

The city does have a Housing Trust Fund and Land bank BumRushDaShow Oct 2018 #43

If the median gross rent is $1,075, doesn't that mean half of all apartments are below that? oberliner Oct 2018 #10

The point is that minimum wage increases haven't kept up with the cost of living. Bluepinky Oct 2018 #11

You are so damn good at what you do! ZZenith Oct 2018 #13

I think the problem with looking for less-than-the-median priced dwellings BumRushDaShow Oct 2018 #14

It doesn't take in condition of the unit or the area/neighborhood. essme Oct 2018 #22

One can buy a very nice home in Upper Michigan for a monthly mortgage of $1075. Kaleva Oct 2018 #31

I'm sure I could find a nice low priced house in Chanute Ks. Doesn't make me want to though. essme Oct 2018 #45

As we are talking about people who make minimum wage, there's lots of jobs like that here. Kaleva Oct 2018 #47

So someone with no money, no connections, no resources, is supposed to buy that? essme Oct 2018 #48

No but it is indicative that there are places here with affordable rent. Kaleva Oct 2018 #49

Or people get Section 8 help. Blue_true Oct 2018 #30

Just like in 1970, when half of all apartments were below $99. Mariana Oct 2018 #32

Believe GBI is on the way at some point. Fortunately, the number of people working at Hoyt Oct 2018 #15

The day is fast coming when job training and education won't be enough. Blue_true Oct 2018 #34

I agree. On the other hand, the jobs to design, manufacture, sell, maintain those machines Hoyt Oct 2018 #39

Nobody wants to hear this... sarah FAILIN Oct 2018 #18

I agree. Kaleva Oct 2018 #33

Good points. nt Blue_true Oct 2018 #35

The Rent is Too Damn High former9thward Oct 2018 #21

A republican. nt essme Oct 2018 #24

Are you saying the rent is not high? former9thward Oct 2018 #25

No I am not saying that. The rent is too high. essme Oct 2018 #44

He was not a republican. He was some weird third party. Blue_true Oct 2018 #36

look at this: essme Oct 2018 #46

Supply and demand. JHan Oct 2018 #26

I think that with both inexpensive rents and UBI, we need to look at the elephant in the room. Blue_true Oct 2018 #38

Interesting you bring this up when I was listening to rent strike stories today ProudLib72 Oct 2018 #37

California is taking on the issue. Prop 10. A big yes. oasis Oct 2018 #40

While I get what you are saying some of what you post isn't true. Kaleva Oct 2018 #41

Here's the problem: lowering rents lowers home prices Recursion Oct 2018 #42