Minimum wage workers cannot afford rent in any U.S. state
Is minimum wage workers affording an average 1-2 bedroom apartment with no other householders a goal we have set? The French minimum wage is 1,521 euro per month. 30% of that is 456 euros, or about $513. According to the underlying study, the average 1BR in Alabama is $665. Is housing in France, on average, really that much cheaper than Alabama?<p>I don’t think these abstract targets are very helpful. According to the OECD, the US has some of the most affordable housing in the world: <a href="https:&#x2F;&#x2F;read.oecd-ilibrary.org&#x2F;economics&#x2F;the-average-oecd-household-has-79-of-disposable-income-left-after-housing-costs_21f178bd-en" rel="nofollow">https:&#x2F;&#x2F;read.oecd-ilibrary.org&#x2F;economics&#x2F;the-average-oecd-ho...</a> (showing percentage of disposable income left after housing costs).<p>Also, the demand for a “federal affordable housing policy” is pretty breathtaking. Look at the list of states that have the least affordable housing: New York, Massachusetts, etc. A federal program would basically mean bureaucrats from these states would be imposing housing policy on the whole country. That sounds like a great idea!