I'm trying so goddamn hard not to lose all hope
this post was submitted on 12 May 2024
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Stay with us comrade. We need you for the revolution.
What revolution lmao? As soon as things get a little bit spicy all the equality hobbiest say it's going too far
this is true. americans will not revolt unless they are starving or something
Headline: "5 years ago renters needed to make less than $60,000 a year to afford the typical rent; now they need to make almost $80,000"
5 years ago renters needed to make less than $60k, they made $69k. Now they need to make "almost $80k", they make $77k. When you put numbers to it, it seems less stark.
Median household income in 2024 is $77,400.
Median household income in 2019 was $68,700.
Median individual income is $47,684 in 2019
https://www.bls.gov/cps/aa2019/cpsaat39.htm
Median individual income is $58,084 in 2023 a little hard to find
https://www.bls.gov/cps/cpsaat39.htm
Median individual income extrapolated from first quarter data of 2024 is $59,228
https://www.bls.gov/news.release/pdf/wkyeng.pdf
Rent units median in January 2024 is>
Overall $1,712
Studio $1,434
1-bed $1,591
2-bed $1,892
https://www.realtor.com/research/january-2024-rent/
2019 Total:$1,097
No bedroom:$934
1 bedroom: $953
2 bedrooms: $1,086
3 bedrooms: $1,217
4 bedrooms: $1,519
5 or more bedrooms $1,586
https://data.census.gov/table?q=B25031:%20Median%20Gross%20Rent%20by%20Bedrooms&y=2019
public housing needs to double and the requirements to get on it need to be slashed.
Median individual income is $47,684 in 2019
https://www.bls.gov/cps/aa2019/cpsaat39.htm
Median individual income is $58,084 in 2023 a little hard to find
https://www.bls.gov/cps/cpsaat39.htm
Median individual income extrapolated from first quarter data of 2024 is $59,228
https://www.bls.gov/news.release/pdf/wkyeng.pdf
Rent units median in January 2024 is>
Overall $1,712
Studio $1,434
1-bed $1,591
2-bed $1,892
https://www.realtor.com/research/january-2024-rent/
2019 Total:$1,097
No bedroom:$934
1 bedroom: $953
2 bedrooms: $1,086
3 bedrooms: $1,217
4 bedrooms: $1,519
5 or more bedrooms $1,586
https://data.census.gov/table?q=B25031:%20Median%20Gross%20Rent%20by%20Bedrooms&y=2019
We need both, Rent Control and more housing. Land-lording has also been invaded by capitalists looking to squeeze humans for every cent and govt needs to stem that tide too. Rent has been soaring in the biggest capitalist zones, US and EU/CA.
Cap rent rises in England and Wales, Labour-commissioned report says
I really don't know how people are existing in today's hellhole of a capitalistic landscape. I'm fairly lucky with a good-paying job and a lowish house payment. I'm still paying a lot more for food and whatnot than I did before covid.
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No worries, we all got bigass raises, right?
I did.
My income has gone up 50% since the pandemic. So did most of my friends who were working in any technical fields.
The economy is skewed. I keep telling my friends to learn to code or learn basic IT skills... and they just actively refuse and continue doing manual labor jobs and complaining about how they can't make more money. And such is there lot.
A few peopel I know moved into healthcare, and are doing financially much better, but their jobs are very high stress due to the shortages.
Your solution does not apply to the whole society, it's just a patch to make your life easier but globally it doesn't fix anything. This is part of the american mindset: "fuck everyone else while I'm doing great"... don't get me wrong, I understand your point of view but this is not how we move forward.
Bro if everyone moves to the jobs that pay enough to live decently, very important jobs will not get done. Our society needs manual laborers to keep everything from falling apart.
Also, the jobs that pay decently will start to not pay decently. And now we're back at square one
Actually worse than square one, because in this scenario, nobody's picking up the trash.
I make 120k a year installing carpets lol. I absolutely bust my ass but I make more than many people I know who went to college. My dad also installed carpets for 48 years before retiring at 71. I plan to retire sooner though lol but will work for many years to come and pump.up that IRA
Holy wow, where are you located if you don't mind me asking? My dad lays carpet and makes like 35k a year.
Does your dad work for himself or someone else? If he works for himself I don't know how he's only making 35k lol. I live in Western New York though (no where near NYC)
Works for himself. But we live in Iowa so it isn't quite as bad of a salary as it sounds. Still not great though
How the fuck did his knees last that long. Are they original equipment?
We don't use kickers much any more we use power stretchers so the wear on the knees is not that bad. Our backs hands and shoulders hurt more than our knees.
Ahh. My dad was briefly in the trade in the 70s/80s and still has the tools (kicker included) from the era.
Watched him install a carpet once as a kid (as DIY, not a job...he had long moved on since then) and I couldn't believe people could put that much trauma on their knees day in/day out for decades. Then a few years ago he installed another and just decided to rent the damn power stretcher. World of difference, he said.
That is a misnomer solution telling everyone to learn how to do the same thing like to learn to code as it then creates its own market issue of too much supply for need.
Additionally it’s not diverse. Diverse jobs are still needed. They need to just pay more in those jobs. But all this is besides the point anyways.
There is no house shortage. There is plenty to house people and the issue is with capitalism being unchecked for too long over its control on living arrangements. This is something capitalism shouldn’t have a say in. Society has become beyond its required need for helping people survive as a whole and it’s become unsustainable. It was never supposed to be about sustaining a rich person’s yacht and 5th house that has nobody living in it anyways. This is not a society that is thriving.
Exactly, banning or severely limiting short-term rental housing ie VRBO and foreign land/property purchases Id wager would make a huge impact on righting the boat.
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And just for context, if you work 40 hours a week for $15 (well above minimum wage), your annual pre-tax income is $31,200.
The workers of the US really need unionize. Here in Scandinavia the average pre-tax income is closer to $84,000 with a 36-hour work week. We do however have a higher tax-rate, so that ends up at around $45,000 after taxes. Cost of living is also generally higher that the US. Of course that higher tax gives us free health care and education.
The extra fun thing is that Americans don't have that much lower of a tax burden. Only the wealthiest and those with investment-based income really pay appreciably lower taxes than in countries such as yours. However, the populace in the US gets far, far lower return on investment for their taxes (which has been continuously being reduced since Regan).
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I keep reading articles like this. Between rent being too expensive, home prices going through the roof, food prices outpacing wage growth, car and home insurance going up just because it can, utilities getting more expensive, my question is when does it just become too much. The whole thing just screams corporate greed and I’m getting sick of it. I make 60% more than I did 20 years ago and I feel like I’m barely scraping by.
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Naw, naw, it's cool... see, surely their income went up 30% in 5 years, right?... Right?
But we matched inflation last year! That means everything's okay now doesn't it? The inflation from previous years just goes away!
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