https://www.reuters.com/article/us-...early-10-year-high-in-september-idUSKBN1CU22L
People rejoining the workforce, wages up, MAGA in action.
People rejoining the workforce, wages up, MAGA in action.
https://www.reuters.com/article/us-...early-10-year-high-in-september-idUSKBN1CU22L
People rejoining the workforce, wages up, MAGA in action.
Generally speaking, yes.Is there a shortage of affordable houseing in the US?
Is there a shortage of affordable houseing in the US?
Depends on where you are.Is there a shortage of affordable houseing in the US?
In London and some of the larger cities the price of buying or even renting is astronomical, thus nurses and school teachers and similiar "neccessary" lower paid workers just don't have asnowballs chance in hell of affording to live near where they work. At the moment we have various initiatives to build houses/apartments that are part subsidised part financed by local authorities so that these people can actually get to work from where they live.Depends on where you are.
Along the California coast, houses routinely go for over a million bucks.
Not mansions, just houses.
Sounds about right. People have long commutes to work in those expensive areas, unless they can somehow afford to lay out 8 or 10 grand a month for a mortgage, or spend 3/4 of their income on rent.In London and some of the larger cities the price of buying or even renting is astronomical, thus nurses and school teachers and similiar "neccessary" lower paid workers just don't have asnowballs chance in hell of affording to live near where they work. At the moment we have various initiatives to build houses/apartments that are part subsidised part financed by local authorities so that these people can actually get to work from where they live.
I assume you guys have roughly the same?
We are told that there is a housing shortage and since we have let in 100s of thousands of immigrant workers over the past decade is there any bloody wonder!!
Depends on where you are.
Along the California coast, houses routinely go for over a million bucks.
Not mansions, just houses.
How are you guys dealing with this situation? I mean how do teachers or lower paid workers afford to live in these places, is there (decent) subsidised housing schemes?Not just Cal., look at places like Bullhead City, Az., or Lake Havasu, Az. Then there is Bend, Oregon where the average price has topped 400,000. Wages have never kept up with the inflation of housing especially since the last recession.
We are dealing with the situation by continuing to build houses that the average person can't afford. Small houses are difficult to find in areas where people actually want to live, so they buy houses that they can't afford and then often lose them.How are you guys dealing with this situation? I mean how do teachers or lower paid workers afford to live in these places, is there (decent) subsidised housing schemes?
Its great building houses but if know one can afford to get on the bottom rung of the houseing ladder how does that affect those further up it wanting to move?
Buy to let schemes still won't work as the rents you need to charge to service the mortgage interest still mean that those lower end of the wage scales are struggling to pay the rent. This is the problem here there are more and more people living with parents because they cannt simply afford to move out even when they are in full time employment.