Yeah, I think people who say that don’t realize a few key things.
First, they don’t understand the ‘poverty tax’ - how not having money for things like a security deposit, reliable transportation, or bulk buying actually costs you more in the long run.
And second, they don’t see how thin the margin for error is for most middle-class families. One medical bill or job loss is all it takes to fall behind.
Earn 3 times the amount of a proposed rent? You’re golden.
Earn below 3 times the amount of a proposed rent (but still enough to pay it each month)? Now you have to pay a guarantor to back you up. Last estimate I got was $800 for that service. You’ve gotta pay that before a landlord will accept you.
So if you earn less, you’re forced to pay more. It’s so fucking backwards.
Source: currently homeless, on numerous “waitlists” for low-income apartments that can take years to get through, housing lotteries that have 10s of thousands of people also hoping for a home, and attempting to scrounge the bottom of the barrel with tiny studio apartments (which, even if I apply to immediately, I’m behind others who somehow got to them faster.)
The system is absolutely fucked. I’m just grateful I enjoy my job (which, yes, I work full time, and earn above minimum wage for. Modern US society has no mercy for any of us.)
Yeah, I think people who say that don’t realize a few key things.
First, they don’t understand the ‘poverty tax’ - how not having money for things like a security deposit, reliable transportation, or bulk buying actually costs you more in the long run.
And second, they don’t see how thin the margin for error is for most middle-class families. One medical bill or job loss is all it takes to fall behind.
Earn 3 times the amount of a proposed rent? You’re golden.
Earn below 3 times the amount of a proposed rent (but still enough to pay it each month)? Now you have to pay a guarantor to back you up. Last estimate I got was $800 for that service. You’ve gotta pay that before a landlord will accept you.
So if you earn less, you’re forced to pay more. It’s so fucking backwards.
Source: currently homeless, on numerous “waitlists” for low-income apartments that can take years to get through, housing lotteries that have 10s of thousands of people also hoping for a home, and attempting to scrounge the bottom of the barrel with tiny studio apartments (which, even if I apply to immediately, I’m behind others who somehow got to them faster.)
The system is absolutely fucked. I’m just grateful I enjoy my job (which, yes, I work full time, and earn above minimum wage for. Modern US society has no mercy for any of us.)