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Old 06-15-2017, 09:43 AM   #5152
photon
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Kind of a disturbing statistic...


No full-time minimum-wage worker can afford a 2-bedroom apartment in any US state

...

That's according to new research by the National Low Income Housing Coalition covered by The Washington Post. Across the country, it reports, even full-time workers would have to make about or more than twice as much to afford a home.

In states such as Alaska, Washington, Colorado, Florida, Virginia, Illinois and most of the Northeast, workers would have to make over $20 an hour. Workers in California, D.C. and Hawaii are the hardest hit by the price of housing: They need to earn a whopping $30, $33 or $35 an hour, respectively, to afford a two-bedroom apartment.

The federal minimum wage is $7.25.


http://www.cnbc.com/2017/06/12/nobod...apartment.html
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