Florida residents need to work this many hours per week to afford a place to live, study finds

[libertybele]

A 2 bedroom home? Perhaps apartments or duplexes, but otherwise 2 bedroom homes in my area don't exist.  I don't think unaffordable housing is limited to FL.   I truly feel sorry for those with children. How are they going to afford to put a roof over their heads and food on their tables?

Florida residents need to work this many hours per week to afford a place to live, study finds

As rent continues to skyrocket in Florida, a new report sheds some light on just how unaffordable the Sunshine State really is.

The National Low Income Housing Coalition (NLIHC) released its "Out of Reach" report breaking down how many hours someone needs to work in order to afford a 1 or 2-bedroom rented apartment in their state. In Florida, a resident needs to work at least 2.6 full time jobs at the state’s minimum wage (which is $10 per hour) to be able to afford a 2-bedroom rental home, the report states.

The report goes into further details about how much someone needs to afford a basic roof over their heads based on the Fair Market Rent ($1,372 for 2-bedroom):

    106 work hours per week at minimum wage to afford a 2-bedroom home
    86 work hours per week at minimum wage to afford a 1-bedroom home
    2.6: Number of full-time jobs at minimum wage to afford a 2-bedroom home
    2.2: Number of full-time jobs at minimum wage to afford a 1-bedroom home

"In order to afford this level of rent and utilities — without paying more than 30% of income on housing — a household must earn $4,572 monthly or $54,870 annually," the report states. To afford the necessities, the report says you should earn $26.38 per hour. ...............

https://www.fox35orlando.com/news/florida-residents-need-to-work-this-many-hours-per-week-to-afford-a-place-to-live-study-finds

[Hoodat]

In Florida, a resident needs to work at least 2.6 full time jobs at the state’s minimum wage (which is $10 per hour) to be able to afford a 2-bedroom rental home, the report states.

A 2-bedroom home?  I shared a house with roommates when I made minimum wage.  Where does anyone get off thinking that a minimum wage job will pay for a 2-bedroom home?

[DefiantMassRINO]

What zip code / town / neighborhood?  What type of dwelling?  Real Estate pricing varies greatly from location to location, from dwelling type to dwelling type.

This reads as hysterical liberal fear porn from people looking for government handouts.

Wanna keep housing affordable in Florida?  Keep out the Yankees.

[roamer_1]

Same here. My place here in town went from 120k or so 3 years ago to somewhere north of 250k... maybe even 350k. My kid's place just went for 400k and he bought that 5 years ago for 165.

If I could get the holler livable I would be sellin right now and running off into the bush with a fortune.

[Wingnut]

Some people have no motovation and just need to live in a van down by the river.

[roamer_1]

Some people have no motovation and just need to live in a van down by the river.

Hey. There ain't a damn thing wrong with living in a van down by the river.
Except keeping the cooler in ice.

[DefiantMassRINO]

$$$ A van down by the river is waterfront property. $$$

[sneakypete]

Ok,so what does it cost to rent a 1 or 2 bedroom partmint?

Houses have always been expensive to rent.

[Wingnut]

Hey. There ain't a damn thing wrong with living in a van down by the river.
Except keeping the cooler in ice.

$$$ A van down by the river is waterfront property. $$$

So...A van down by the river identifies as a "Tiny House"

[roamer_1]

So...A van down by the river identifies as a "Tiny House"

Don't be silly... Though a tiny house might identify as a van....
The one I had thought it was a class c motor home.

[libertybele]

What zip code / town / neighborhood?  What type of dwelling?  Real Estate pricing varies greatly from location to location, from dwelling type to dwelling type.

This reads as hysterical liberal fear porn from people looking for government handouts.

Wanna keep housing affordable in Florida?  Keep out the Yankees.

Good luck on that one.  They flocked in droves to FL from NY, NJ and CA!  They fled from blue states but I bet they'll vote liberal.