Wednesday, April 10, 2019
TKC EXCLUSIVE!!! SURVEY SEYZ MORE KANSAS CITY RENTERS COST-BURDENED!!!
The Kansas City silly season debate on affordable housing was ultimately unproductive. Candidate offered pleasantries and protesters were pleased with some TV time and a few newsie blurbs.
Whilst talk of policy might be important, let's not forget the real debate concerns the touchy subject of rising income inequality more than anything else and despite economic news that's mostly just political spin.
Even worse . . .
KANSAS CITY JOINS THE RANKS OF TOWNS WHEREIN RENTERS HAVE TROUBLE KEEPING UP WITH COSTS!!!
Unfortunately, taking to the streets and marching for social media glory doesn't really work to solve the problem despite lies that smartphones deliver by way of "notifications" that are nothing more than addictive stimuli that only provide a smattering of the Instagram booty models TKC really wants amid a smorgasbord of propaganda.
Remember that activists attempted to enact a rental inspection fee to push back against slumlords and the only thing that did was inspire companies to raise rents even higher.
Meanwhile, it's easy to write-off this problem as something that only hipsters inside the loop or in the Crossroads must confront. But higher rents are pushing prices up throughout KCMO as old school denizens and working poor families now can't afford anything decent and have been forced to downsize or move further toward the outskirts of town and our horrible satellite cities.
Again, petty partisan politics attempts to offer a solution: Maybe Prez Trump and all his economic winning can fix it or possibly Bernie-bros and socialism provide the answers. Both sides proudly make their dubious pitch to voters whilst rent remains too damn high and rising.
Check the date from our reporting partners . . .
Renter households in Kansas City need to make $36,360 a year to afford median rent.
A recent Apartment List study analyzed median rents in 100 of the largest U.S. cities and the minimum income required to afford them. They found that in 24% of the 100 largest U.S. cities renting a median two-bedroom apartment will cost-burden a median-income-earning renter.
More not so fun facts . . .
- The actual median household income in Kansas City is $51,740. To rent a median-priced 2-bedroom in Kansas City, one will need an annual income of 36,360 to avoid becoming cost-burdened
- Hourly wage recommended to rent a median-priced 2-bedroom in Kansas City is $17/hour.
- The actual minimum wage in Kansas City is $9/hour. (Actually, only $8.60 according to Missouri Dept. of Labor)
And so, this price fact check reminds us of the rising costs after an administration and City Hall government that has been almost completely focused on pushing, promoting and giving tax breaks to high rent properties.
Developing . . .