Minimum Wage Earners Can't Afford 1 BR Apartment in U.S. I Seattle Real Estate Podcast

Minimum wage earners in the United States can't afford even a 1 bedroom apartment.

Full-time minimum wage workers cannot afford a two-bedroom rental anywhere in the U.S. and cannot afford a one-bedroom rental in 95% of U.S. counties, according to the National Low Income Housing Coalition’s annual “Out of Reach” report.

In fact, the average minimum wage worker in the U.S. would need to work almost 97 hours per week to afford a fair market rate two-bedroom and 79 hours per week to afford a one-bedroom, NLIHC calculates. That’s well over two full-time jobs just to be able to afford a two-bedroom rental.

Join host Sean Reynolds as he discusses the housing affordability crises in the United States.

#minimumwage #housingcrisis

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