Still too low. We used to live in the San Francisco bay area, in a 1 bedroom apartment. $32 an hour, multiple hours of overtime. After taxes, still not enough to pay rent, let alone the rest of our bills.
I’ve been quick to blame the tech sector for rent rises in these places but the true cause is rentier profit seeking, which is ubiquitous in all areas. I live in rural New England and it’s hard for people to find decent 1BR apts for less than 1200 a month
Still too low. We used to live in the San Francisco bay area, in a 1 bedroom apartment. $32 an hour, multiple hours of overtime. After taxes, still not enough to pay rent, let alone the rest of our bills.
It's not just the bay area, I make $35 and live in a small tourist town on the other side of the country and still can barely make rent.
The only people still out here working either own or inherited homes, are homeless, or live with parents.
Minimum wage here is still $7.25/hr and average rent is $2200-$2500/mo for a one bed.
That's about 4x what the average worker out here can afford.
I’ve been quick to blame the tech sector for rent rises in these places but the true cause is rentier profit seeking, which is ubiquitous in all areas. I live in rural New England and it’s hard for people to find decent 1BR apts for less than 1200 a month