{"id":53520,"date":"2015-05-22T07:51:11","date_gmt":"2015-05-22T12:51:11","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=53520"},"modified":"2015-05-22T07:55:37","modified_gmt":"2015-05-22T12:55:37","slug":"the-kids-are-not-so-hot","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=53520","title":{"rendered":"The Kids Are Not So Hot"},"content":{"rendered":"<p>On the one hand, <a href=\"http:\/\/www.huffingtonpost.com\/2015\/05\/20\/grads-live-affordable-cities-rent-housing_n_7336920.html?ncid=tweetlnkushpmg00000067\">this article in the <em>HuffPo<\/em> &#8211; which bemoans the notion that new college graduates can&#8217;t afford an apartment in the 25 &#8220;most desirable&#8221; cities<\/a> &#8211; is apparently written by people who were on allowances from wealthy families (emphasis added):<\/p>\n<blockquote><p>Entry level salaries coupled with sky-high rents in the country&#8217;s most desirable cities often makes finding a place more of a headache than a happy ending.<\/p>\n<p>As experts at Trulia found, new grads can&#8217;t really afford to live anywhere among the country&#8217;s 25 largest rental markets. While the median annual income for new grads ranges from about $16,000 to about $41,000 in these cities, the income needed to afford <strong>median<\/strong> rent is two to three times that &#8212; assuming grads <strong>don&#8217;t want to spend more than 31 percent of their income<\/strong> on rent.<\/p><\/blockquote>\n<p>On the one hand: \u00a0Median income? \u00a0The price in the middle of the range?<\/p>\n<p>Who are the posh little fops who move straight into the middle of the housing market right out of school?<\/p>\n<p>And since when do new college grades move into apartments\u00a0<em>alone<\/em>, much less in the middle of the market? \u00a0<em>Get a damn roommate<\/em>. \u00a0Or move to a less &#8220;desirable&#8221; city!<\/p>\n<p>On the other hand, looking at the list of cities that college grads (or the poor, or the middle class) can&#8217;t afford to live in, I think I detect a pattern:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/big.assets.huffingtonpost.com\/RecentGradRent.png\" alt=\"\" width=\"557\" height=\"794\" \/><\/p>\n<p>Yes. \u00a0I believe I do.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the one hand, this article in the HuffPo &#8211; which bemoans the notion that new college graduates can&#8217;t afford an apartment in the 25 &#8220;most desirable&#8221; cities &#8211; is apparently written by people who were on allowances from wealthy families (emphasis added): Entry level salaries coupled with sky-high rents in the country&#8217;s most desirable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-53520","post","type-post","status-publish","format-standard","hentry","category-culture-war"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53520"}],"version-history":[{"count":3,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53520\/revisions"}],"predecessor-version":[{"id":53522,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/53520\/revisions\/53522"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53520"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}