Rent is unaffordable for half of U.S. renters, 2022 data shows
https://www.axios.com/2024/01/27/rent-unaffordable-housing-market-apartment-prices-cost
@knittingknots2 Great indicator and proof that most people are irresponsible with their spending and tend to rent places outside of their means.
This isnt a graphic showing rent is too high, its a graphic showing people are irresponsibly spending their money by signing onto rent deals they cant afford.
@freemo @knittingknots2 My brother in Christ, it’s like this because the U.S. does not have enough homes for the number of people who live in it. The problem is particularly acute in the areas where most of the jobs are. A cursory examination indicates that it’s a supply and demand problem, not people being irresponsible with their money.
https://www.cnn.com/2023/03/08/homes/housing-shortage/index.html
No, In fact there are more houses currently open for rent then there are homeless people in the USA. So we know for a fact the issue isnt that there arent enough homes.
@freemo @knittingknots2 No there are not “more houses for rent than there are homeless people in the USA.”
There are a lot of housing units that are long abandoned and falling apart and/or in places like Bumfuck Alabama that nobody wants to live in they are not “for rent.”
Right we arent talking about the places that arent for rent that are abandoned. I'm talking about actual homes up to code, more than enough for rent to cover all homeless people several times over. It isnt a quantity issue.
@freemo @knittingknots2 Yeah I know you are talking about those. There aren’t enough of those. Like, they don’t exist. Especially not where the jobs are.
You have a weird idea that’s a combination of this stupid leftist myth and a stupid right-wing personal responsibility myth.
You have no clue what my idea of the problem actually is, you didnt ask. But it isnt qty, yes they exist.
Now saying "they arent where the jobs are" that at least gets closer to an aspect of the problem. But that also is in line with what I said, it isnt a quantity issue.
@freemo @knittingknots2 Yes it is. I live in an area where we have a rent crisis and this is the biggest factor contributing to it.
And you think, what, housing is a fungible commodity where it doesn’t matter where the housing is? Of course it matters where it is. Can’t pay the rent if you don’t have money, which almost always means a job.
Which to my point, then you shouldnt be looking locally. You should be looking in areas where there is no local crisis. Showing it isnt a qty issue, you have options just not options that match what you want (something in a specific area).
@freemo @knittingknots2 Some people can work remotely but most people can’t. You mean someone should just move wherever where they might not be able to have a job to pay their rent with? That’s bananapants. Nobody does that. I’m pretty sure even you wouldn’t do that when making decisions about your life.
Most likely there is at least one home for rent within the hour or so commute radius for your job. If your claiming there isnt I'd be really curious what area your even talking about.
That said no.. what I am saying is if the areas you have to pick from to move to dont have job options for you there, that is a problem with the job market, it doesnt mean there arent enough houses.
> There are homes for rent within an hour of my job and they’re all very expensive.
Then if there isnt a single affordable option then the problem is your pay is too low (or the homes are too expensive), not the qty of homes. Still I'd be very skeptical there isnt a cheap room to rent anywhere in that area.