• Maryland's crab industry suffers from Trump cutting temp foreign worker visas
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this is an absolute load of horse shit and you should be ashamed. Majority of suburban areas have apartments listed at 850-1000K a month. If you factor in a month of $10.40 with 40 hours a week, you average $1,672 a month. 850 / 1,672= 50.4% of your income going to rent alone. Majority of places and the recommended maximum allowed % is 30%. go up to 1000 and its 60%, double the recommended max. Most places wont even take you in if you pay over 25% of your income on rent. Even in the poorest areas of the US, minimum wage at 40 hours wont cover rent: https://timedotcom.files.wordpress.com/2017/06/screen-shot-2017-06-23-at-1-10-22-pm.png
Funny that because I too have that and also a laundry list of grown ass adults who got fired for failing to understand any of it.
I'm not against raising the minium wage. But thinking that entry level work at a grocery store should run anywhere near 25/hr is comical when there's nothing involved to warrant that pay.
That would bring the minimum wage in what its intended goal was to create the baseline pay for moving up from poverty. Its original idea was to help pay teenagers for school. 15 an hour doesn't even cover school expenses.
40-50k a year is well above the poverty line. 25/hr is also well above what would be a living wage for a large majority of places in the US, I would wager. Minimum wage is intended so an employee who works fulltime can survive, which is why I think the minimum wage needs to be raised considering its not doable on minimum wage anywhere, really. 25/hr is a hilariously high number to have it adjusted to, however.
Its actually just barely making it in most cities.
In what cities, exactly? That's assuming you have to live in the city, for one reason or another. I live in an area known for it's high COL (Northern Virginia) and I could hack it here on 50k fairly easily as a single duder if I was even a little frugal with my finances.
50k a year is around 24/hr which is more than twice the highest minimum wage in the country, and over 3x the minimum wage in Virginia.
Well so much for possibly next crab harvest. Guess the way to fix it is to spend less to none on crabs from the market?
Correct. This was kinda my whole point, unless one of us was misinterpreting the others post
30% of your income is fuck all for rent. the general expectation is and always has always been 50%. dont move the goalposts i have no idea who you've been talking to that wont take your money because you dont make enough of it but that's not very capitalist of them.
You are literally wrong, majority of rent based housing will not even look at your application if you hit past the 30% mark. They don't want to take someone's money who has a extremely high chance of not making rent later down the line, and having to go through the potential legal trouble of eviction. Literally every single apartment I've looked at requires a pay stub as proof that you make over the 30% cutoff. The general expectation has always been 30% for renters, its called the golden rule for a reason ffs.
Can't speak for America, but at least here we start saying families are in financial trouble if their living situation eats up 30-40% of income. Banks say that rent/loan + maintenance charges should not exceed 25% by much. In families that spend 31-40% of their income on living, 13% of them have major financial problems and 28% have small problems. With families spending more than 40%, almost half of them have financial problems. Source article
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