This is true in literally every state.
this post was submitted on 13 Mar 2024
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State? True all over the world.
The minimum wage, if it's to be a liveable wage, should be set to some multiple of the median rent in an area. (Min Wage) x (0.30)=(Median Rent). Updated every year or two.
In my area...
The median rent in Los Angeles, CA is $2,760.
https://www.zillow.com/rental-manager/market-trends/los-angeles-ca/
So hourly should be $55.
Even for me that's a bit. Let's say the median household has two income earners, so base it on that. If you're solo you can get yourself some sweet studio or whatever. So, basing the minimum income on two incomes and median rent would make minimum wage $25. That is right on the money! Nice. That's what I've seen several reports say minimum wage should be if it kept up with inflation over the decades.
Median rent for my area just to the south is $3,586.
https://www.zillow.com/rental-manager/market-trends/orange-ca/
We are always told/taught not to spend over 30-40% of our income on housing. Hard to do if minimum doesn't keep up.
If the minimum wage were tied to housing costs, employers would demand housing cost regulations.
Now there's an idea.
Won’t anyone think of the landlords?
I like this idea.
Can we fucking not?
I'm so goddamn sick of society REQUIRING 2 incomes... Even your flippant disregard for single people. I'm not a desirable person for one reason or another, I'm perpetually single and I'm fucking sick of having to bounce from basement apartment to garage apartment, paying someone else's mortgage, because I can't afford homes on a single income...
How about we readjust how we define economic health based on one income. Why should 2 people be required for 1 "normal" life?
I'm OK with that too, but you know all the sayings. How do you eat an elephant? How do you start a 1,000 km journey? And so on. We are so far from a healthy work/life balance at the moment that I have trouble imagining what one would look at. I apologize profusely for not taking my dreams that much further. Sorry to offend. I guess after being a single parent for a couple of decades and barely scratching by the entire time while making significantly more than minimum wage has beaten down my idealism a bit.
agreed. make the rich personally invested in the provision of cheap housing
Welcome the the USA the worlds greatest 3rd world country.
I guess we have to lower the cost of living. We can start with rental property caps, and regulated food prices.
I am in a surprisingly comfortable situation (in Cali) and recently added a note to talk with my therapist about how much anxiety I have about money running out.
Late stage capitalism. America is the worst offender (IMO). The boom times that were unique to America (post WWII) are over. It's only going to get worse and worse from here on.
NO. FUCKING. SHIT! This is the case EVERYWHERE and it keeps getting worse. I guess I'm glad to finally see articles saying it straight up instead of "hmmm millennials and gen z aren't buying as much stuff, it's a mysteryyyy"
This is why I hate set number arguments. "The fight for fifteen" was so unbelievably stupid... If they understood politics at all they would know it can take decades to go from grassroots to policy... Fight for fifteen is just finally getting $15 minimum wage when now you need $20 because it took like a decade...
Which is absolutely intended. Push back long enough for the value to equal out. Then you "raise" the minimum to be an equal value of what it was when you were pushing back so nothing actually changes...
Feels like wages are always where the inflation buck stops.
"Nearly 6 in 10 low wage workers are Latino, and about half of those are immigrants. Most low wage workers live with at least one other worker and have no young children."
There's the problem right there. Your average (racist) American will look at that stat and go "So?"
Still, two people living together, each making $16 an hour, with no childcare to speak of... that sounds possible except in California.
$32 * 40 = $1,280 a week. * 52 = $66,560 a year.
You aren't making it alone on 1/2 that, but combined seems plausible.