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I strongly recommend viewing the actual source information instead of the cnn article https://www.unitedforalice.org/home https://www.unitedforalice.org/home
by helen___keller 7y ago
I strongly recommend viewing the actual source information instead of the cnn article
https://www.unitedforalice.org/home https://www.unitedforalice.org/home
The 51 million households aren't literally on the verge of starvation, they are "Asset Limited, Income Constrained, Employed" (ALICE) which is similar to being paycheck to paycheck in that they can survive but not thrive:
>When funds run short, cash-strapped households are forced to make impossible choices, such as deciding between quality child care or paying the rent, filling a prescription or fixing the car. These short-term decisions have long-term consequences not only for ALICE families, but for all of us.
- pxue 7y agoone of the most important key stat is defining housing spend to be "no more than one-third of income" if you make >3x your rent i'd say you are cruising in life.
- helen___keller 7y agoIn big cities and successful metropolitan regions I'd agree. It's a consequence of how quickly housing costs have outgrown all other costs in cities that the "one-third rule" doesn't really apply anymore. On the other hand if you live in a small town, it's quite possible to make 3x your rent and still be struggling.