Gentrification In Miami
This is comes from HUD.
Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. An estimated 12 million renter and homeowner households now pay more than 50 percent of their annual incomes for housing. A family with one full-time worker earning the minimum wage cannot afford the local fair-market rent for a two-bedroom apartment anywhere in the United States.
$14,500 is 2000 hours@ $7.25 not enough money for a single person. It is also just about the amount of the average retirement benefit from Social Security. A living wage is close to $45,000 for a family of four.
Yes, we may need a pediatric neurosurgeon as the head of HUD. Did we get the right one?
Families who pay more than 30 percent of their income for housing are considered cost burdened and may have difficulty affording necessities such as food, clothing, transportation and medical care. An estimated 12 million renter and homeowner households now pay more than 50 percent of their annual incomes for housing. A family with one full-time worker earning the minimum wage cannot afford the local fair-market rent for a two-bedroom apartment anywhere in the United States.
$14,500 is 2000 hours@ $7.25 not enough money for a single person. It is also just about the amount of the average retirement benefit from Social Security. A living wage is close to $45,000 for a family of four.
Yes, we may need a pediatric neurosurgeon as the head of HUD. Did we get the right one?
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