Tag Archives: afford

There is no state, county or city in the country where a full-time, minimum-wage worker can afford a two-bedroom rental, a new report says

There is no state, county or city in the country where a full-time, minimum-wage worker working 40 hours a week can afford a two-bedroom rental, a report from the National Low Income Housing Coalition showed.
A full-time minimum-wage worker can afford a one-bedroom rental in only 7% of all US counties — 218 counties out of more than 3,000 nationwide.
The federal minimum wage is $ 7.25.
But the report showed that a worker would need to earn $ 24.90 per hour in order to afford a two-bedroom home at Fair Market Rent. And a $ 20.40 “housing wage” would be needed for a one-bedroom. Fair Market Rents are government estimates of what a person should expect to pay for a modest home in their area.
A housing wage is the amount a worker would need to earn to afford a home without spending more than 30% of their income on rent and utilities.
“These amounts are far higher than many Americans — including seniors, people with disabilities, and working families — can spend on housing,” wrote Marcia L. Fudge, secretary of the US Department of Housing and Urban Development, in the preface to the report.

Rents are out of reach

Nationally, the average fair market rent is $ 1,061 a month for a one-bedroom and $ 1,295 a month for a two-bedroom, according to the report.
Meanwhile, the average renter’s hourly wage is $ 18.78, an income that can absorb only $ 977 a month in rent without being housing cost burdened. A household living on one minimum wage income can afford even less, $ 377 a month, the report showed.
The average renter In 17 states — including California, Florida, and New York — earns at least $ 5.00 below the state’s average two-bedroom housing wage.
The biggest gap is in Hawaii, where the difference between what an average renter earns, and the state’s two-bedroom housing wage is $ 20.13.
And even the states, the District of Columbia, and several dozen counties and municipalities that have minimum wages higher than the federal minimum wage don’t clear the bar.
In California, where the minimum wage is $ 14 an hour, the cost of housing is so high that it still has the highest housing wage: A person in California needs to earn $ 39.03 an hour to afford a two-bedroom apartment and $ 31.06 for a one-bedroom.
A minimum-wage worker would have to put in 89 hours every week just to afford the one-bedroom and 112 hours to afford the two-bedroom.
West Virginia has among the lowest housing wages. But with a minimum wage of $ 8.75 an hour, workers would still need to earn $ 14.83 an hour to afford a two-bedroom apartment, and $ 12.12 for a one-bedroom.
The report includes an interactive map that shows how much you need to earn in your area to afford rent.

The pandemic’s impact

The pandemic exacerbated the unstable housing situation for many people, and local, state and federal governments put protections in place to prevent a tidal wave of evictions. An unprecedented amount of federal emergency rent relief — $ 46 billion — was set aside to provide relief for struggling renters and their frustrated landlords.
But many will still struggle to pay rent in the future without addressing longer-term housing affordability, according to the report.
There are 7.5 million low-income renters who are “extremely” cost burdened — meaning they spend more than half of their income on housing, according to the report. This can put renters at risk of homelessness. More than 580,000 people were homeless during the peak of the coronavirus crisis last year, according to HUD.
Housing affordability is a greater challenge for Black and Latino households, the report found, with those groups more likely to be housing cost burdened.
During the pandemic, Black and Latino workers saw higher unemployment rates, leading to these groups being more likely to have fallen behind on rent, according to analysis of data from the Census Bureau by the Center on Budget and Policy Priorities
The NLIHC a non-profit policy advocate for growing and improving affordable housing, recommends expanding rental assistance to all eligible struggling renters and making investments in the national Housing Trust Fund and public housing to create, preserve, and rehabilitate affordable homes.
It also asks Congress to create a permanent National Housing Stabilization Fund to provide temporary assistance for households at risk of eviction and to strengthen and enforce renters’ protections, in order to keep renters stably housed.

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Your Android phone is under attack! The three hidden dangers you can't afford to ignore

Anyone with an Android smartphone or tablet needs to be on red alert about three major threats to their device. With more than 2.5 billion users worldwide, it’s not a surprise that cyber criminals have their attention on Google’s popular mobile operating system. Attacks continue to take place at an alarming rate, with hackers relying on a number of tricks to infiltrate devices and steal money or data from unsuspecting users.

These attacks are becoming more of a problem for Android fans so, in a bid to help users avoid these issues, the security team at AVAST has revealed the biggest three threats to devices as well as some helpful advice on how to beat the attacks.

According to AVAST, the main problem facing Android users comes from adware, which has accounted for around 45 percent of threats so far this year. Although adware doesn’t steal data it can fill devices with highly intrusive adverts that can make phones almost unusable.

These irritating messages continuously pop up on the display with some even able to appear on the screen when owners aren’t even using apps.

Avast has seen two major types of adware: the ‘traditional’ type, which are gaming, photo and other lifestyle applications.

READ MORE: Apple releases emergency iOS update for older iPhone models to fix dangerous flaws

Finally, there are terrifying banking Trojans or “Bankers”. These often disguise themselves as genuine apps to access the banking details of unsuspecting users and trick them into giving up their bank account details by posing as a legitimate banking application and mimicking the login screen or supplying a generic login screen with the respective bank’s logo.

“Nowadays, especially since the pandemic hit, our smartphones and devices are our daily companions, and it can be a true annoyance or even severe security risk if a phone and the data on it is exposed to mobile malware,” said Ondrej David, Mobile Threat Analyst at Avast. “Mobile malware, and adware in particular, often comes in the form of a gaming or entertainment app that seems harmless, but what users are unaware of is that their device is doing malicious activities in the background.”

Here are some top tips from AVAST on how to prevent mobile malware –

• Only download apps from official app stores, like Google Play, as they have security measures in place to check apps before developers upload them, or directly from the app’s official website for extra insurance.

• Check app ratings as adware apps have many 5-star- and 1-star reviews. The reviews often cite low functionality and/or excessive ads or are overly enthusiastic and positive.

• Carefully review the permissions an app requests before downloading an app; if an app requests access to data that it doesn’t need to function, consider this a warning sign.

• Use a strong antivirus solution on your phone to identify and stop any attempted attacks.

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This post originally appeared on Daily Express :: Tech Feed

Guardiola claims mega-rich Man City cannot afford a new striker – despite $832MN NET spend in 5 years & billionaire owners (VIDEO)

Manchester City manager Pep Guardiola has been savaged online for claiming that he cannot afford to replace Sergio Aguero – even though the departing striker is a huge earner and the club’s Abu Dhabi owners are worth billions.

Stern-faced Guardiola issued one of football’s most unlikely sob stories ahead of the weekend’s Premier League fixtures, claiming that the club owned by Sheikh Mansour – a member of the royal family of Abu Dhabi whose wealth has been recently estimated at around $ 20 billion – cannot afford a striker.

Guardiola’s words fell flat with fans, who expressed cynicism after the club’s net spend of around $ 832 million during the five years to last June, which dwarfed next-nearest English big-spenders Manchester United’s total of around $ 670 million.

“Sorry, we are not going to sign any striker,” said Guardiola, shaking his head when he was asked about his squad plans in the aftermath of hugely prolific hitman Sergio Aguero announcing that he will leave the club when his contract expires at the end of the season.

“It’s impossible. We cannot afford it. It’s impossible.”

Irrespective of the club’s vast wealth, the departure of Aguero is expected to ease City’s wage bill by at least $ 318,000 a week.

The league leaders are widely thought to be one of the frontrunners to sign Lionel Messi should the six-time Ballon d’Or winner leave Barcelona in the summer, with any deal likely to make the Argentina striker the highest-paid player in the Premier League.

Skeptics suggested that top tactician Guardiola’s words could be a ploy to improve City’s negotiating position with agents such as Mino Raiola, who is widely reported to have flown in for talks over a move for Erling Haaland with Champions League rivals Barcelona and Real Madrid this week.

Guardiola, who took a cut to his $ 27.6 million salary as the pandemic hit revenues last year, said that the global crisis was to blame for his funding problems.

“All the clubs are stuggling financially,” Guardiola complained, having described master marksman Aguero as “irreplaceable”. “We are not an exception.”

City Football Group, whose main stakeholders are the Abu Dhabi group and own a litany of other football clubs including Melbourne City and New York City, was said to have revenues of around $ 880 million in 2019.

Sheikh Mansour is thought to be worth almost $ 9 billion more than the next wealthiest owner of a Premier League club, Chelsea’s Russian chief Roman Abramovich.

Four-time Premier League winner Aguero cost City around $ 48 million when he joined from Atletico Madrid in 2011.
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