Quote:
Originally Posted by Stockerzzz
^ Their main argument is that 42% of current renters make below $20,000 per year and cannot afford their housing costs.
This stat is repeated over and over in the “research” which is driving this discussion. Making below $20,000 per year is less than minimum wage.
These people want a nicer revitalized neighborhood, but don’t want to pay anything extra for it? They’re demanding a property tax freeze because they rent in the area?
This is the epitome of entitlement. |
Here's some trends and data:
2010, Households Making Under $25K
Tract 4201 (next to the park): 60.6%
Tract 4202 (directly west of 4201): 49.3%
2010, Households Making $50K+
Tract 4201 (next to the park): 11%
Tract 4202 (directly west of 4201): 27%
2017, Households Making Under $25K
Tract 4201 (next to the park): 58%
Tract 4202 (directly west of 4201): 42.1%
2017, Households Making $50K+
Tract 4201 (next to the park): 23.9% (up from 11%)
Tract 4202 (directly west of 4201): 38.1% (up from 27%)
2010, Households Making $100K+
Tract 4201 (next to the park): 5%
Tract 4202 (directly west of 4201): 11.2%
2017, Households Making $100K+
Tract 4201 (next to the park): 8%
Tract 4202 (directly west of 4201): 11.2% (unchanged)