Minimum wage earners can't afford to live anywhere in America

Discussion in 'Economics & Trade' started by kazenatsu, Jul 15, 2021.

  1. FreshAir

    FreshAir Well-Known Member Past Donor

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    for anybody that needs affordable housing

    it would also cause public rent to lower their prices to compete
     
    Last edited: Nov 5, 2021
  2. Collateral Damage

    Collateral Damage Well-Known Member

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    If the government provides 'affordable housing', I'm sure they are basic apartments . Public housing is a tad more then basic most of the time. And no, it won't cause a change in the rents charged for 'something better'.

    If you think that someone would lower their prices to compete with government subsidized housing, why isn't the same true for healthcare? Or is the healthcare situation the reality, and thinking otherwise the pipe dream?
     
  3. FreshAir

    FreshAir Well-Known Member Past Donor

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    agree, they won't be the best housing options, they can be decent though, but they will be the only choice for some and others will chose them to save and get ahead
     
    Last edited: Nov 5, 2021
  4. crank

    crank Well-Known Member

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    Once again .. how any given individual chooses to respond to changed circumstances is not relevant to the topic. That's a conversation that can only be had with that individual.

    What we're discussing is the reality that changed circumtances require us to adapt. And people are perfectly within their rights to refuse to adapt - so again, individual choices are not relevant.
     
  5. crank

    crank Well-Known Member

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    Unless of course they do something about their position on the ladder. And plenty do.
     
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  6. crank

    crank Well-Known Member

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    Subsidised housing almost always fills with people who should not qualify. Your premise that the rich don't want it, is only true in fiscal sense. Public housing is FULL of people who live as though they're wealthier than they are - which is precisely why they end up qualifying for public housing in the first place. They're rich in mind, which entitles them even less than the actual rich - because it's not their own money they're spending.
     
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  7. crank

    crank Well-Known Member

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    Good luck getting a straight answer on that.

    FWIW, my own answer is: Because they live beyond their means.
     
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  8. crank

    crank Well-Known Member

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    If you're proposing basic 'barracking' for anyone prepared to use it to improve their circumstances (or to get off the streets), then I'm all for it. But for those already in receipt of benefits, it would have to be provided as a market rate PART of those benefits. IOW, benefits would have to be reduced by the rental value of the housing. That's the only way it could be policed against abuse, and would ensure it's only ever available to the genuine.
     
  9. crank

    crank Well-Known Member

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    No one 'needs' it - except perhaps the very elderly without family, and refugees.
     
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    I am not talking low wage housing, I am just talking about the government building apartments and renting them, first come, first serve
     
  11. FreshAir

    FreshAir Well-Known Member Past Donor

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    have nothing to do with benefits, would be an apartment, if you can afford it, you can rent it - no discounted rents for those that can not afford it
     
    Last edited: Nov 5, 2021
  12. FreshAir

    FreshAir Well-Known Member Past Donor

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    many need it
     
  13. crank

    crank Well-Known Member

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    Why would a Govt do that, when the open market already does it?
     
  14. crank

    crank Well-Known Member

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    So, exactly the same as we already have. Again, what possible purpose would it serve to replicate what already exists?
     
  15. crank

    crank Well-Known Member

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    No, they don't. They merely want it, after having mismanaged their finances wilfully.
     
  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    cause housing is getting too high for the current wages, and people want to reduce inflation vs increasing wages.. right?
     
  17. FreshAir

    FreshAir Well-Known Member Past Donor

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    cause the profit is removed, thus lower rent
     
  18. FreshAir

    FreshAir Well-Known Member Past Donor

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    some have done that, some don't make enough, either way, we need options
     
  19. crank

    crank Well-Known Member

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    But if the open market is ALREADY supplying that housing, what is the purpose of Govt doing it? You haven't explained the purpose at all.
     
  20. crank

    crank Well-Known Member

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    1) The some who don't make enough, need to make more (self-improvement and upskilling helps), or adapt the way they live to suit their means.

    2) Those are the options.
     
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  21. crank

    crank Well-Known Member

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    Given that private property investors can only keep investing if profits are realised (else it's financially unsustainable), where will the funds come from to sustain this Govt housing which realises no profit?

    It will come from the working stiffs, of course. Who'll be obliged to pick up the slack of those who feel entitled to cheap rents in high cost areas without earning that privilege. The working stiffs who are honourable enough to live where they can afford.
     
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  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    a certain percentage of the population will always be at the bottom, no matter what, the min wages need to keep up with inflation
     
  23. crank

    crank Well-Known Member

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    WHY will they? Why are they choosing to flounder?
     
  24. FreshAir

    FreshAir Well-Known Member Past Donor

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    cause there is only so many good jobs
     
  25. crank

    crank Well-Known Member

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    Jobs aren't essential for survival. Try again.

    But if you want those jobs, make yourself more competitive.
     
    Last edited: Nov 5, 2021

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