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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (286781)5/5/2006 9:01:27 AM
From: Elroy  Read Replies (1) | Respond to of 1574005
 
The median price for a house in LA is $500K; in SFO, $700K. The average price for a two bedroom apt is $1200; 1900 in SFO. According to federal guidelines, people should never pay more than a 1/3 of their income for rent. You do the math. In CA, $15 per hour is a living wage.....barely.

Most of the workers here live in shared rooms in apartments. Do you think the minimum wage employees should be able to buy an average sized home in the most expensive region in the state? What in the world are the well paid California employees supposed to buy? - all of Wisconsin?