National study finds coronavirus pandemic worsens housing crisis

National study finds coronavirus pandemic worsens housing crisis

The coronavirus pandemic has worsened the housing crisis in the US, according to a national study released on Tuesday. The study, “Out of Reach”, examined the intersection of housing and income across the United States of America since 1989. According to the study, an Illinois worker must have to earn $44310 to afford the rent for a two-bedroom apartment.

The recommended amount to be spent by a family on housing is no more than 30% of its income. It means that an Illinois worker must have to spend $1108 a month on housing. According to the recent stats, almost a third of Illinoisans are renters. They have to work at the rate of $21.30 per hour over a 40-hour week to afford the fair market rent in Illinois.

Two years ago, an Illinois worker has to $20.34 an hour to afford the rent for a two-bedroom apartment. The study warned, “There is no place in Illinois where a minimum-wage worker can afford a two-bedroom apartment.” The minimum wage in Illinois rose to $10 an hour this month. The state’s minimum wage was $8.25 two years ago. According to the predictions, the minimum wage in Illinois will be $15 an hour in 2025. However, it will, still, not be able to allow the workers to afford a two-bedroom apartment.

The COVID-19 pandemic has worsened the situation due to the economic fallouts. Sharon Legenza, the executive director of Housing Action Illinois, said in a statement, “Even before the pandemic, far too many families in Illinois were making impossible decisions between paying rent and basic necessities like food and medicine.” Legenza added that the Illinoisans were in a tougher situation due to the health crisis.

The study stated that an Illinois worker must have to work 72 hours a week at the state minimum wage to afford a one-bedroom apartment. It must have to work 85 hours a week at the minimum wage to afford a two-bedroom apartment. Bob Palmer, the policy director of Housing Action Illinois, said, “Congress needs to act during July to keep people from losing their homes.”

Related Posts
Study finds paying rent is issue of millions of Americans
The numbers associated with the coronavirus pandemic are alarming in the United States. It is
Thousands struggle to pay rent amid coronavirus
Todays the first of the month, and everyone knows what it means, rent is due.
Chicago gets jobs: Ford adds 450 vacancies to meet the demand
Lincoln Aviator and Ford Explorer are the first choices of most of the SUV lovers.
Homelessness in Chicago: 13000 homeless people had jobs in 2017
A study has revealed that 13000 people had jobs who became homeless in 2017. It
Ford is increasing jobs in Chicago based factories by investing $1 billion
Ford is planning to increase worth up to $1 billion. This adds more job opportunities
UIS now offering free COVID-19 saliva testing to the public
The University of Illinois Springfield, in partnership with SHIELD Illinois, is now offering free COVID-19 saliva
Changes to Face Covering Requirements per Executive Order
Per Executive Order issued by the Governor on May 17, 2021, individuals who have been
City of Springfield No Longer Enforcing Mask Mandate
Springfield, Illinois - The City of Springfield's goal has always been to get our businesses
Mass Vaccination Clinic for COVID-19 Pfizer Vaccine at Park District’s Arlington Ridge Center
Appointments remain available for a mass vaccination clinic at the Arlington Heights Park District’s Arlington
Lurie Children’s Joins Nationwide Campaign With Other Leading US Hospitals To Promote COVID-19 Vaccination
Ann & Robert H. Lurie Children’s Hospital of Chicago is collaborating with a coalition of 60 of