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ancianita

(43,178 posts)

32. Statistically, sure. Half would be above and half below.

Reply to Kaleva (Reply #31)

Wed Nov 10, 2021, 04:21 PM

Nov 2021

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Nearly half of Americans do not earn enough to afford to rent a one bedroom apartment. [View all] Uncle Joe Nov 2021 OP

As unequal as the US economy is iemanja Nov 2021 #1

"Nearly half of American workers don't earn enough to afford a one-bedroom rental" Uncle Joe Nov 2021 #2

Thanks for the info iemanja Nov 2021 #12

U may want to check your number. NoMoreRepugs Nov 2021 #4

I checked it before I wrote my post iemanja Nov 2021 #8

not lies nor damned lies but rather statistics Slammer Nov 2021 #33

and rents are higher than I realized iemanja Nov 2021 #36

And single people have only their own income, not that of a spouse or partner. Withywindle Nov 2021 #40

Exactly! BeerBarrelPolka Nov 2021 #41

and rents are higher than I realized iemanja Nov 2021 #35

Household vs worker income - big difference. So many are 2 vs 1. NoMoreRepugs Nov 2021 #45

Median 1-bedroom apartment rent is about $1200, which calculates to 20% annual salary.... George II Nov 2021 #51

Get the point, but Sanders needs to proof his Tweets. Hoyt Nov 2021 #3

You are correct Hoyt, Uncle Joe Nov 2021 #10

Hand to mouth. Poor guy. tblue37 Nov 2021 #15

Agree with that too. Don't feel sorry for him. We just don't need Hoyt Nov 2021 #24

Last week he tweeted about a $21 vial of insulin years ago, saying the "same" vial now is $320.... George II Nov 2021 #52

Good point. I can overlook some well intentioned misinformation. But try harder. Hoyt Nov 2021 #53

Fortunately cannabis_flower Nov 2021 #5

Also BeerBarrelPolka Nov 2021 #6

And people wonder why we don't feel like we're in an economic recovery WhiskeyGrinder Nov 2021 #7

K n R ! Thanks for posting! nt JoeOtterbein Nov 2021 #9

Yet somehow, only 0.2% of the population is homeless Jose Garcia Nov 2021 #11

So people live in overcrowded conditions, meadowlander Nov 2021 #14

Millions of Americans are living with other people, family, room mates etc. Uncle Joe Nov 2021 #17

From what surveys does he get all of these statistics that he tweets frequently? George II Nov 2021 #13

what IS the cost of a 1-bdrm apt ? RussBLib Nov 2021 #16

National average for a 1 bedroom apt is $1621 Torchlight Nov 2021 #18

That's the average rent in the United States. Many one-bedroom apartments in Manhattan can go.... George II Nov 2021 #21

Here's a 2021 map, along with a comparison of rent vs own costs. Not definitive, but recent. ancianita Nov 2021 #30

In MI, half of the apartments go for less then $888 a month. Kaleva Nov 2021 #31

Statistically, sure. Half would be above and half below. ancianita Nov 2021 #32

for every 2k a month apt, there could be many $500 apts. Kaleva Nov 2021 #48

Are you trying to say that you don't believe housing costs are too high? JanMichael Nov 2021 #54

No, I'm just stating mathematical facts. Kaleva Nov 2021 #56

False. Beastly Boy Nov 2021 #19

"Nearly half of American workers don't earn enough to afford a one-bedroom rental" Uncle Joe Nov 2021 #20

The flaw in making these sweeping national, coast to coast "averages" is that rents and income.... George II Nov 2021 #22

Here is the next paragraph in the article Uncle Joe Nov 2021 #25

That article has flaws in it too, and makes sweeping assumptions too. It's simply illogical to.... George II Nov 2021 #26

The minimum is 7.25 because that's the federal minimum wage. Uncle Joe Nov 2021 #28

But earlier in the article they say there are very few earning the Federal minimum wage: George II Nov 2021 #34

That's correct, most Americans are earning more than 7.25 an hour but that doesn't take away Uncle Joe Nov 2021 #43

As shown elsewhere in this thread, the "nearly half" claim isn't even close to being correct... George II Nov 2021 #55

Again, a few high priced apts would skew the average. Kaleva Nov 2021 #27

That and calculating averages over such a huge variation in rent prices and across thousands.... George II Nov 2021 #38

whenever this discussion about apts being unaffordable comes up, I take issue with the sources Kaleva Nov 2021 #49

Despite attention-grabbing headers, neither source provides the data to Beastly Boy Nov 2021 #42

They did provide data, perhaps you didn't click on the pdf, Uncle Joe Nov 2021 #44

You are probably referring to Figure 3 at the first link you provided. Beastly Boy Nov 2021 #47

I don't! Any decent apartment runs over $2K where I live. Initech Nov 2021 #23

Affordable housing is a huge problem... JT45242 Nov 2021 #29

I don't know for certain but I googled and came up with this article Uncle Joe Nov 2021 #39

I, for one, would much rather see Elon, Jeff or one of the others in that realm... BobTheSubgenius Nov 2021 #37

Most people don't need their own place fescuerescue Nov 2021 #46

Where is said apartment? BannonsLiver Nov 2021 #50