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yardwork

(68,764 posts)

46. In my area in NC even a run-down unsafe apartment is more than $1,000.

Sun Nov 30, 2025, 12:42 PM

Sunday

Sure, you can find listings. But you wouldn't want to live there. You definitely wouldn't want to raise kids there.

You could find a decent two-bedroom apartment with outside walk-up stairs in a safe neighborhood in my area for $1800+. That is the bare minimum. Most are more like $2500. Luxury apartments are much more.

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An investor called $140,000 the new poverty line. Experts disagreed but said he had a point. [View all] Zorro Nov 29 OP

American Enterprise Institute has only one wing nilram Nov 29 #1

A fantasy snowybirdie Nov 29 #2

I would buy this sum is accurate (even low) if one desires to live in an expensive, desirable area AZJonnie Nov 29 #3

Why shouldn't a "lifestyle" include sports and 2 cars? leftstreet Nov 29 #5

I think that might be his point. yardwork Sunday #44

Ridiculous Greg_In_SF Nov 29 #4

When you start with a baseline of 40% dpibel Nov 29 #11

Well, then it Greg_In_SF Nov 29 #14

Well, feel free to trot out the figures dpibel Nov 29 #19

A map.... Greg_In_SF Sunday #32

Now you're just being obtuse dpibel Sunday #43

How dare you call me obtuse Greg_In_SF Sunday #55

DURec leftstreet Nov 29 #6

"It's laughable to put a poverty line far above the median income in the United States." mountain grammy Nov 29 #7

Yes, talk about circular logic! yardwork Sunday #45

Mr. Green's numbers sound about right. mwmisses4289 Nov 29 #8

"minimum rent in most areas is around $2000 a month" -Extremely wrong Wiz Imp Nov 29 #12

Be interesting to see how they came up with those numbers. mwmisses4289 Nov 29 #13

It's from the American Community Survey Wiz Imp Nov 29 #16

You'd have to limit the options to housing appropriate to a family of 4 EdmondDantes_ Nov 29 #17

I was responding to the claim that minimum rent was at leas $2000 Wiz Imp Nov 29 #23

That post mentioned families, and in the larger context of the thread EdmondDantes_ Sunday #49

✋ 🙄🫨😒🧱💤🚫🫷「 ✦ Bye ✦ 」 Wiz Imp Sunday #50

In my area in NC even a run-down unsafe apartment is more than $1,000. yardwork Sunday #46

Green's required net income: $118,009. The $136,500 is gross. For a family of 4. Celerity Nov 29 #26

That's another reason a lot of people Haggard Celine Sunday #33

That was the reason my wife worked part time until our daughter was old enough for elementary school NickB79 Sunday #41

Anyone hiring young people to six figures Johonny Sunday #42

Don't know national averages but a little perspective JT45242 Sunday #51

Several points here. First, "laughable to put a poverty line far above the median income" is itself laughable unblock Nov 29 #9

The basic definition of poverty is this: Wiz Imp Nov 29 #25

The observations have merit, even if the specific application of conclusion doesn't. unblock Sunday #31

I would think for most families of 4 it's enough to live on but very little disposable income for extras. Raftergirl Nov 29 #10

Good point Greg_In_SF Nov 29 #15

Big jump, no? dpibel Nov 29 #20

I see my Greg_In_SF Monday #56

LOL dpibel Monday #57

LOL!!! valleyrogue Nov 29 #18

But I believe you've missed the point dpibel Nov 29 #21

Residents making an annual income of up to $109,700 who are living in Marin, San Francisco, San Mateo, Santa Clara and Celerity Nov 29 #22

To be fair, we are insane Sympthsical Sunday #39

Michael Green is a moron. Wiz Imp Nov 29 #24

This is a very convincing argument dpibel Sunday #27

Disagree (after reading it fully) & the $136,500 figure is gross, his required net income: $118,009. For a family of 4. Celerity Sunday #30

Spot on! DFW Sunday #37

Hyperbole much? JonAndKatePlusABird Sunday #40

Depends where you live. OAITW r.2.0 Sunday #28

People with decent incomes and wealth live beyond their means JI7 Sunday #29

That seems a rather blanket statement, sorta like "every immigrant from India is a math genius" DFW Sunday #48

I wouldn't call it a "poverty" line, but the "living wage" line. Below that, government subsidies are necessary. nt Blasphemer Sunday #34

you lose more than you gain as you move up from very low income levels Celerity Sunday #36

+1 Really good article leftstreet Sunday #47

Depends on Location and Demographics DET Sunday #35

The reactions to this are so goddamn illuminating WhiskeyGrinder Sunday #38

While most of the posts in this thread have been about housing costs, PoindexterOglethorpe Sunday #52

Child care is the largest cost in the OP article's example. Larger than housing cost. Celerity Sunday #54

"It's laughable to put a poverty line far above the median income in the United States." Grins Sunday #53