First and foremost with the consistent renovation of low-income housing to sleek luxury apartments the price of these housing facilities is increasing rapidly. Not only, in most gentrified states such as Chicago, Atlanta, and San Francisco California, but throughout the entire country as well. In order to sustain a comfortable lifestyle, and have expense left over to pay bills, provide food and clothing 30% of your income should be dedicated to renting, but with the significant increase in homes families are spending nearly 45% for rent itself.For instance, the average rent in Brooklyn, New York for a 1-bedroom apartment is around $2,400 per month. A family would have to earn nearly $43 per hour or $88,000 per year — to afford the average housing (Using 30% of income budgeting rule). Which, is more than the median typical income of nurses, firefighters, electricians, and even teachers. Writer Jennifer Babson declares that “The average rent for a three-bedroom apartment rose from 927 in 1992 to 1,588 in 1998 — a 71 percent jump — according to the report. At that price, a family earning $44,583, the median income in the neighborhood, would be required to spend 43 percent of its monthly income on rent, according to the report”(Babson J 1999).There is no state located in the United States to where a minimum-wage worker working full time can afford an apartment at the market rent advertised. For low-income citizens the Government is ought to assist them by filling the gap between incomes and housing prices, but Congress hasn’t been contributing as much to the Department of Housing and Urban Development (HUD) of providing to help low-class individuals receive housing. In America, the cost of living is too expensive to meet the basic needs of our citizens. In fact, author Barbosa further states that “Escalating rents are pushing some residents out of the city.” some critics may suggest getting rental assistance if the rent is unaffordable, however it is not guaranteed amongst all those who need it. With the constant increase in homes there will be no place for low-income individuals to reside in.
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