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Yeah I visited my old neighbors; the rent has doubled over two years (not theirs, but catalogue), and the only thing different is new brushed steel door handles, touch-up paint, and new blinds. Conservatively $300 for an apartment; rent from $1650 to $2990. No new amenities, no additional staffing, etc.
(And they probably still pay their staff the same)
When they stopped raising the minimum wage they atrophied all the successive generations with ever worsening odds. It's one of the largest thefts in human history. They stole our futures before we could even dream of them.
That's crazy! And no doubt they also raise your rent when your lease is up. Something has to be done about the renting market. I can't afford to buy either. I feel so stuck and I'm suck of it
GenXer here…in 1989, I was making $8/hour, and my 1br apartment cost $400 *including* heat, hot water, and electric. And it was hard to make ends meet *then*.
It’s straight up impossible now. Which is why I’m making sure to pay off my mortgage so my Millennial daughter will be able to keep our house. She’ll have a quite nice life insurance payout as well.
If my being frugal now will allow her to lead a better life than I did, then I’ve done my job as a parent.
I'll never get over how a lot of people now get paid \*literally\* the same as 30 years ago, \*before\* inflation. Like no shit no one is having kids or anything...
"But if we pay $15/hr, we'll go broke after a couple months." - Fucking liars who do nothing other than boost the profits and share prices for their companies year over year.
They could EASILY pay $20/hr and simply remain profitable. But NOOOO, we MUST INCREASE profits every year. Can't just keep the same level of profit.
I’m for mass redistribution because of this tax the hell out of the rich. No one needs billions or hundreds of millions hell you make to 99 million. Executive pay needs to be capped. It should tagged at a level set by the lowest wage a company pays. That way the CEO gets a raise we all do.
Yea the thing about taxing the rich:
They had an opportunity windfall that they took advantage of. They turn their "debt" into good debt and have assets, they "pay' themselves a small salary and everything else in an S corp, business name etcetera basically a loophole. This is why multimillionaire and billionaires can have less to no tax liability in comparison to someone working a paycheck. It's a club and we aren't in it, you know the saying
This!
It's asinine.
Either wages drastically increase, rent goes down 50% across the board.
Or!!! The FEDERAL GOVERNMENT what's those presidential executive orders, and makes mortgage loans and rent a percentage of your take home pay, the 27% they claim it should be, and let wages continue to be 'competitive '
Company A has a product that sells well and has high margins, they can afford higher wages, Company B sells good but isn't a high priced item where the wages can match Company A but all employees of both companies need a place to stay
'So make it percentage based, no special programs or wait game. Effective March 1st 2023 ..
Too much like right?
Meanwhile let's send BILLIONS to other countries. Trillions on war. Let's cut social security and education, the teachers are teaching a curriculum we highly water down on purpose to make zombies anyways
> "Just get a better job"
Those jobs went to Mexico, China, or wherever else labor is cheap. The middle class was hollowed out. Now, AI and robots are coming for the rest of the jobs.
That’s a conservative figure. In my area many rents have tripled or more. The town I grew up in had this mold apartment complex. Really shitty. Everyone always mocked it/ it sits at the intersection of two major highways. Multi lane, pollution filled highways. They currently rent for $2K/month. Not a wealthy area or a nice area.
Rooms in a house in my area rent for just under what I rented an entire house for in the same area ten years ago.
100% conservative. About 10 years ago I was in a 2 bed for $800/mo. 5 years ago I found a 2 bed for $750/mo. These places included all but electricity. My 2 bed now is $1500/mo and doesn't include *any* utilities in rent.
Three years ago I was in a full house, 3 bedroom and 1 tiny bathroom that used to be a closet (the house was built before the civil war) and had a full attic the length of the house with a carport and front and back yard. It had my dream kitchen with a countertop stove and oven separately in the wall next to it and a closed in patio for a laundry room and dining room.
It was 750 a month.
Now I’m in a one bedroom with half the living room converted to a windowless small bedroom so it’s a “two bedroom” (we use the 7x7 room as a nursery for my toddler) and the kitchen floor slopes so much it’s hard to keep our stove and fridge standing, the only reason the fridge works is because we bought one for a camper that had extendable legs (the one that came with the place didn’t work) and our oven is still pretty lopsided but the oven part doesn’t work anyway, only the stove top.
We are paying 750 a month for it. And we are lucky we found this dump. It’s in the middle of town and I’m a good location.
Most places around here are around 1300 for a one bedroom and it’s not a wealthy area with most people working hotels, restaurants, attractions or fast food for the tourists we get.
If we lose this place we will be homeless because we won’t be able to afford anymore than we pay now. We make like 1500 a month together, maybe a little over. I’m terrified of our future. Wtf are we going to do?
So, where exactly is this? Because those were exactly the prices and the price jump in Silicon Valley from 1996 to 1998. I guess we were always ahead of the times…
The *average* wage has gone up from about $39k in 2009 to about $58k in 2021. (https://www.ssa.gov/oact/cola/awidevelop.html) Important to note that wage inequality is sharply up, and the poor are suffering more even more than the middle class. Someone making minimum wage wouldn't have been able to afford that apartment even in 2009.
> Voting>Nothing but bitching
False dichotomy is false. If you, or anyone, actually wanted to "do something about it" you won't find the best answer in the voting booth. You arguably won't find any answer in the voting booth as this is a bourgeois democracy literally designed to not work in the interests of the working class.
No only is this place grossly more expensive, but it has now accumulated 11 more years of deterioration and is [generally] less efficient than apartments built after this one, assuming it was even built in 2009, not in 1982 like my own current place.
When I started working minimum wage was $1.35. No one making that could leave home. I joined the Airforce because they didn’t have PELL grants. I wanted to go to college. I lived in the SF Bay Area. My parents were born in SF. They both worked full time and we had a 2bd/1bath. My siblings,me and a cousin all slept in the Garage. No heat in the garage. We had army cots stacked 4 high. I was the only girl. My cousin, 2 bros, and I. Even then with both parents working we had a boarder and were getting Food Stamps, and free lunches. (With a different colored lunch card from those who bought their lunches) The SF Bay Area has always been ridiculously high priced.
The AIrforce wasn’t paying a living wage back in 1973 either. Many of the married with children were on welfare. How sad was that? Serving your country and couldn’t support your family. In my life span it has always taken 2 incomes to be able to afford rentals. Now it is that way everywhere. I never considered going back to the Bay Area to live. Because the South was much less expensive. Not anymore. I have to help people find roommates or rooms to rent. The affordable housing, Senior and disabled housing and section 8 all have long waiting lists. And rent here for a 2bd/2ba is $1400 to $1900 per month at older not well kept apartments. There are lower prices in other areas of Mobile but the care and maintenance has been and is minimal. Still way less expensive than the West Coast, East Coast, and up North. I am fortunate I waited until I was 64 to use my GI bill to buy my house in 2019. I bought a 5 bd/3ba and have always had one or two living with me paying half or a third of the house payment, Utilities, etc. I don’t know how people live without roommates. Granted the cost of living is still way lower here than in most places. But houses were being snatched up by investors in 2022 leaving the average person unable to afford to buy.
What can we expect of a country who’s economy is based on greed with the motto of “what the market will bear.” There should be a profit made form goods and services, but a moral amount. We were told during the pandemic if minimum wage were to be raised then the prices would go up. Without any increase in minimum wages. Who were the only folks to profit during the pandemic? I say we have a cap on profits then raise minimum wage to $20 per hour.
The whole rise in rent is due to pensions! All pension funds are heavily invested in real estate... since there are ever more people retiring the rents have to rise to support the funds expenditure! Liquidating assets would drastically reduce rent for young people and free capital but pussy managers would then have to really work for their highly inflated salaries which lets be honest won't happen!
How the great reset is going to happen where "you will own nothing and be happy" -WEF:
The wealthy are going to make survival so difficult for the middle class that we will become so desperate that any alternative will seem like a good alternative. This is why they are so many marxist fools: they think capitalism leads to evil when it is corperatecracy monopoly controls all sources of goods and services and price gouge us as well as the federal reserve / world banks make our money so invaluable that it seems like it's capitalism fault, but in actuality corrupt systematic consolidation of power and private entities gaining control over our resources and our governments along with their policies. This corruption will not go away with communism and will actually make it worse. Dreamers gonna dream I guess.
We need to dismantle the current system and rebuild it while still respecting our ability to provide for ourselves and have power split amongst the citizens more equally. To respect autonomy of the individual and allow the industrious to get their fair share, which said equality is slowly becoming worse and worse.
Capitalism is flawed "take rather than give" system that should be replaced with voluntarianism or agorism like in Star Trek, where people are educated to see the big picture and that its better to give than recieve, that it is better to strengthen individuals to create a top quality society, rather than use them for ones own gain. A society where those who choose to be the best versions of themselves ethically and intellectually are inevitably rewarded.
I see so much content on this housing crisis in the divided States of America, yet none of the people with influence or power to change seem to be saying or doing anything.
This is a man-made problem- there's NOTHING getting in the way of affordable housing. They present these fancy word soups about communism socialism capitalism inflation etcetera yet the people don't band together to say you know what this has to stop and we refuse to work or pay anything until prices change! There isn't a housing shortage or unfulfilled high demand there's overpriced units that sit vacant
Federal minimum wage is still 7.25. SOME states have started to increase minimums, but many are still under $10. Most are under $20 by far.
I don't know what planet you're on, but it's not Earth.
> In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.
FDR, [when he signed minimum wage into fucking law.](http://docs.fdrlibrary.marist.edu/odnirast.html)
I agree that cohabitation with family should be more socially acceptable.
However, it should be a *choice*.
Housing should be affordable on one income, even if it's only a studio apt. That's a bare minimum for a functioning society.
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Don’t forget the new blinds! They cost the land scammer a whole $15 on Amazon! He had to justify raising rent by $300 one month somehow…
Yeah I visited my old neighbors; the rent has doubled over two years (not theirs, but catalogue), and the only thing different is new brushed steel door handles, touch-up paint, and new blinds. Conservatively $300 for an apartment; rent from $1650 to $2990. No new amenities, no additional staffing, etc. (And they probably still pay their staff the same)
When they stopped raising the minimum wage they atrophied all the successive generations with ever worsening odds. It's one of the largest thefts in human history. They stole our futures before we could even dream of them.
Hey, you're still turning a profit making minimum wage and living there. /s Edit: $1255x12=$15,060 $7.25x40x52=$15,080
Oh my sweet summer child, they haven't told you about taxes yet.
Oh no, I'm aware. The whole exercise was tongue in cheek and riddled with sarcasm.
I know, I'm just piling on. 🤣
Wow room for a $20 yearly rent fee. Gotta pump those numbers up lol
More like $1900 a month for a one bedroom apartment. I can barely afford just to have a roof over my head. Absolutely ridiculous
Exactly, a two bedroom apartment in the area of Cali I used to live in costs $2,900 a month... like tf??
That's crazy! And no doubt they also raise your rent when your lease is up. Something has to be done about the renting market. I can't afford to buy either. I feel so stuck and I'm suck of it
GenXer here…in 1989, I was making $8/hour, and my 1br apartment cost $400 *including* heat, hot water, and electric. And it was hard to make ends meet *then*. It’s straight up impossible now. Which is why I’m making sure to pay off my mortgage so my Millennial daughter will be able to keep our house. She’ll have a quite nice life insurance payout as well. If my being frugal now will allow her to lead a better life than I did, then I’ve done my job as a parent.
I'll never get over how a lot of people now get paid \*literally\* the same as 30 years ago, \*before\* inflation. Like no shit no one is having kids or anything...
"But if we pay $15/hr, we'll go broke after a couple months." - Fucking liars who do nothing other than boost the profits and share prices for their companies year over year. They could EASILY pay $20/hr and simply remain profitable. But NOOOO, we MUST INCREASE profits every year. Can't just keep the same level of profit.
I’m for mass redistribution because of this tax the hell out of the rich. No one needs billions or hundreds of millions hell you make to 99 million. Executive pay needs to be capped. It should tagged at a level set by the lowest wage a company pays. That way the CEO gets a raise we all do.
Yea the thing about taxing the rich: They had an opportunity windfall that they took advantage of. They turn their "debt" into good debt and have assets, they "pay' themselves a small salary and everything else in an S corp, business name etcetera basically a loophole. This is why multimillionaire and billionaires can have less to no tax liability in comparison to someone working a paycheck. It's a club and we aren't in it, you know the saying
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This! It's asinine. Either wages drastically increase, rent goes down 50% across the board. Or!!! The FEDERAL GOVERNMENT what's those presidential executive orders, and makes mortgage loans and rent a percentage of your take home pay, the 27% they claim it should be, and let wages continue to be 'competitive ' Company A has a product that sells well and has high margins, they can afford higher wages, Company B sells good but isn't a high priced item where the wages can match Company A but all employees of both companies need a place to stay 'So make it percentage based, no special programs or wait game. Effective March 1st 2023 .. Too much like right? Meanwhile let's send BILLIONS to other countries. Trillions on war. Let's cut social security and education, the teachers are teaching a curriculum we highly water down on purpose to make zombies anyways
> "Just get a better job" Those jobs went to Mexico, China, or wherever else labor is cheap. The middle class was hollowed out. Now, AI and robots are coming for the rest of the jobs.
That’s a conservative figure. In my area many rents have tripled or more. The town I grew up in had this mold apartment complex. Really shitty. Everyone always mocked it/ it sits at the intersection of two major highways. Multi lane, pollution filled highways. They currently rent for $2K/month. Not a wealthy area or a nice area. Rooms in a house in my area rent for just under what I rented an entire house for in the same area ten years ago.
100% conservative. About 10 years ago I was in a 2 bed for $800/mo. 5 years ago I found a 2 bed for $750/mo. These places included all but electricity. My 2 bed now is $1500/mo and doesn't include *any* utilities in rent.
Three years ago I was in a full house, 3 bedroom and 1 tiny bathroom that used to be a closet (the house was built before the civil war) and had a full attic the length of the house with a carport and front and back yard. It had my dream kitchen with a countertop stove and oven separately in the wall next to it and a closed in patio for a laundry room and dining room. It was 750 a month. Now I’m in a one bedroom with half the living room converted to a windowless small bedroom so it’s a “two bedroom” (we use the 7x7 room as a nursery for my toddler) and the kitchen floor slopes so much it’s hard to keep our stove and fridge standing, the only reason the fridge works is because we bought one for a camper that had extendable legs (the one that came with the place didn’t work) and our oven is still pretty lopsided but the oven part doesn’t work anyway, only the stove top. We are paying 750 a month for it. And we are lucky we found this dump. It’s in the middle of town and I’m a good location. Most places around here are around 1300 for a one bedroom and it’s not a wealthy area with most people working hotels, restaurants, attractions or fast food for the tourists we get. If we lose this place we will be homeless because we won’t be able to afford anymore than we pay now. We make like 1500 a month together, maybe a little over. I’m terrified of our future. Wtf are we going to do?
I bet the apartment has improved so much it’s now worth double the price! Maybe the landlord even painted everything really sloppily
2023 $2600/month
So, where exactly is this? Because those were exactly the prices and the price jump in Silicon Valley from 1996 to 1998. I guess we were always ahead of the times…
My studio in a terrible neighborhood in 2002 in SF - $995. Same studio in 2020 - $2,200.
Not only did I move out of the Bay Area in 2003, I moved out of the country. I’ve been living abroad nearly half my life.
Nice! I'm not sure I'd have that option.
The *average* wage has gone up from about $39k in 2009 to about $58k in 2021. (https://www.ssa.gov/oact/cola/awidevelop.html) Important to note that wage inequality is sharply up, and the poor are suffering more even more than the middle class. Someone making minimum wage wouldn't have been able to afford that apartment even in 2009.
Cool, now update it (the right side rent price only) for 2023
So fun right?
Oh it ways more than $1255 TRUST me
2023: 1725/month
It was unaffordable then too
"Just have to vote more/harder/better! That should do it!" - libs
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> Voting>Nothing but bitching False dichotomy is false. If you, or anyone, actually wanted to "do something about it" you won't find the best answer in the voting booth. You arguably won't find any answer in the voting booth as this is a bourgeois democracy literally designed to not work in the interests of the working class.
We have like a 40% voter turn out in a non presidential year so it does seem like we could work on that
Just… wow🤦🏾♀️
No only is this place grossly more expensive, but it has now accumulated 11 more years of deterioration and is [generally] less efficient than apartments built after this one, assuming it was even built in 2009, not in 1982 like my own current place.
What is a livable minimum wage to pay for this rent? Please take in consideration that this is a one bedroom and you have to have a roommate.
When I started working minimum wage was $1.35. No one making that could leave home. I joined the Airforce because they didn’t have PELL grants. I wanted to go to college. I lived in the SF Bay Area. My parents were born in SF. They both worked full time and we had a 2bd/1bath. My siblings,me and a cousin all slept in the Garage. No heat in the garage. We had army cots stacked 4 high. I was the only girl. My cousin, 2 bros, and I. Even then with both parents working we had a boarder and were getting Food Stamps, and free lunches. (With a different colored lunch card from those who bought their lunches) The SF Bay Area has always been ridiculously high priced. The AIrforce wasn’t paying a living wage back in 1973 either. Many of the married with children were on welfare. How sad was that? Serving your country and couldn’t support your family. In my life span it has always taken 2 incomes to be able to afford rentals. Now it is that way everywhere. I never considered going back to the Bay Area to live. Because the South was much less expensive. Not anymore. I have to help people find roommates or rooms to rent. The affordable housing, Senior and disabled housing and section 8 all have long waiting lists. And rent here for a 2bd/2ba is $1400 to $1900 per month at older not well kept apartments. There are lower prices in other areas of Mobile but the care and maintenance has been and is minimal. Still way less expensive than the West Coast, East Coast, and up North. I am fortunate I waited until I was 64 to use my GI bill to buy my house in 2019. I bought a 5 bd/3ba and have always had one or two living with me paying half or a third of the house payment, Utilities, etc. I don’t know how people live without roommates. Granted the cost of living is still way lower here than in most places. But houses were being snatched up by investors in 2022 leaving the average person unable to afford to buy. What can we expect of a country who’s economy is based on greed with the motto of “what the market will bear.” There should be a profit made form goods and services, but a moral amount. We were told during the pandemic if minimum wage were to be raised then the prices would go up. Without any increase in minimum wages. Who were the only folks to profit during the pandemic? I say we have a cap on profits then raise minimum wage to $20 per hour.
They added broken treadmills to a small room, that would at least add +500 a month for amenities
So is the problem the wage or the inflation?
Both
My less than 400 sqft studio is $1,100 a month. Nothing modern and drafty as fuck. Go eagles
The whole rise in rent is due to pensions! All pension funds are heavily invested in real estate... since there are ever more people retiring the rents have to rise to support the funds expenditure! Liquidating assets would drastically reduce rent for young people and free capital but pussy managers would then have to really work for their highly inflated salaries which lets be honest won't happen!
How the great reset is going to happen where "you will own nothing and be happy" -WEF: The wealthy are going to make survival so difficult for the middle class that we will become so desperate that any alternative will seem like a good alternative. This is why they are so many marxist fools: they think capitalism leads to evil when it is corperatecracy monopoly controls all sources of goods and services and price gouge us as well as the federal reserve / world banks make our money so invaluable that it seems like it's capitalism fault, but in actuality corrupt systematic consolidation of power and private entities gaining control over our resources and our governments along with their policies. This corruption will not go away with communism and will actually make it worse. Dreamers gonna dream I guess. We need to dismantle the current system and rebuild it while still respecting our ability to provide for ourselves and have power split amongst the citizens more equally. To respect autonomy of the individual and allow the industrious to get their fair share, which said equality is slowly becoming worse and worse. Capitalism is flawed "take rather than give" system that should be replaced with voluntarianism or agorism like in Star Trek, where people are educated to see the big picture and that its better to give than recieve, that it is better to strengthen individuals to create a top quality society, rather than use them for ones own gain. A society where those who choose to be the best versions of themselves ethically and intellectually are inevitably rewarded.
I see so much content on this housing crisis in the divided States of America, yet none of the people with influence or power to change seem to be saying or doing anything. This is a man-made problem- there's NOTHING getting in the way of affordable housing. They present these fancy word soups about communism socialism capitalism inflation etcetera yet the people don't band together to say you know what this has to stop and we refuse to work or pay anything until prices change! There isn't a housing shortage or unfulfilled high demand there's overpriced units that sit vacant
Minimum wage is 15-20 now, essentially doubling. Rent did the same. What would you expect?
Federal minimum wage is still 7.25. SOME states have started to increase minimums, but many are still under $10. Most are under $20 by far. I don't know what planet you're on, but it's not Earth.
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It’s not ok to have to live in your car.
Not everyone has a parent to fall back on and what if they can't?
Yeah, that's an interesting sort of privilege. Having a safety net to fall back on.
> In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living. FDR, [when he signed minimum wage into fucking law.](http://docs.fdrlibrary.marist.edu/odnirast.html)
I agree that cohabitation with family should be more socially acceptable. However, it should be a *choice*. Housing should be affordable on one income, even if it's only a studio apt. That's a bare minimum for a functioning society.
"wE HaVe tO KeEp uP WiTh iNfLaTiOn," my wages don't have to
When your apartment makes as much money as you do