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Low Angle View Of Townhouses Against Blue Sky California is home to many cities in which at least half of millennials cannot afford to rent a one-bedroom apartment, according to a recent analysis from Filterbuy.
Beyond inflationary pressures in staples such as food and gasoline , median rental prices increased 17.6% in 2021 and a total of 6.7% in the first seven months of 2022, according to Apartment List . Rent hikes are especially impacting the millennial cohort — defined by the Filterbuy analysis as those between 24 and 39 years old — which has the highest proportion of renters in comparison to other generations.
“The combination of rising rents and stagnant wages has been a challenge for Americans of all stripes, but certain groups have been more disadvantaged by this state of affairs than others,” Filterbuy explained. “Even well-off households are feeling pressure, as rising real estate costs price would-be buyers out and keep them competing for space in the rental market — and as they spend more on rent, they have a harder time saving for homeownership.”
The renter wage gap — the difference between median wages for millennial renters and median wages necessary to afford a one-bedroom rental without spending more than 30% of wages — is highest in the metropolitan area constituted by Los Angeles, Anaheim, and Long Beach. Although median wages are $36,649, the annual wage necessary for a one-bedroom apartment is $72,560 — pointing to a renter wage gap of 49.5%.
Because the median constitutes the middle of a data set, the data imply that over half of millennials are unable to afford one-bedroom apartments in the southern California cities.
“For millennials in some parts of the country, rental units fortunately remain relatively affordable,” Filterbuy continued. “The interior of the U.S. tends to have the most affordable locations, […]
Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker
