Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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30$ Minimum Wage? (lemmy.world)

submitted 7 months ago by SeattleRain to c/housing_bubble_2

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[–] Bolt -2 points 7 months ago (11 children)

I might be very confused, but if a two-bedroom household requires ~$30/h, wouldn't that be ~$15/h each?

[–] qooqie 6 points 7 months ago* (last edited 7 months ago) (1 children)

Yes, however, that’s just rent. No other expenses included

[–] Bolt 1 points 7 months ago

Wouldn't it make more sense to consider the income that can afford the rent as some % of expenses, rather than just doubling it?

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