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Wednesday
Dec142005

Unaffordable Housing

I just ran across this rather stunning analysis of housing vs. minimum wage.  An appropriate minimum wage to provide a two-bedroom apartment in the US (on average) would be  $15.78.

"81% of American family renters live in counties where two full-time minimum-wage workers will be unable to afford a two-bedroom apartment."

Check this link for more info. http://urbanplacesandspaces.blogspot.com/2005/12/unaffordable-housing.html

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