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The actual report: https://reports.nlihc.org/sites/default/files/oor/OOR_2019.pdf https://reports.nlihc.org/sites/default/files/oor/OOR_2019.p... Some notes:
by gok 7y ago
The actual report: https://reports.nlihc.org/sites/default/files/oor/OOR_2019.pdf https://reports.nlihc.org/sites/default/files/oor/OOR_2019.p...
Some notes:
- Those earning minimum wage are unlikely to be in the median rental market
- The report doesn't include the impact of any tax credits like child credits, EITC, LIHTC
- They don't adjust minimum wage by local jurisdictions. For example, minimum wage in Chicago is $13/hour but they only list the Illinois minimum wage ($8.25/hour). This is particular distorting given that cities (with higher minimum wages) are home to most renters