Good grief, let’s start with the first claim: housing costs over 50% of income

To the Census Bureau!

Median Household Income: $57,652
Median Monthly Mortgage: $1,515 ($18,180 annual)
Housing cost as % of income: 31.5%

This takes 5 minutes to figure out: https://t.co/q0N35gZzjL https://t.co/S5BQLnIjVG

— Jeremy Horpedahl 🍍🍞 (@jmhorp) September 6, 2019

Let’s start with something not written by a total assclown fuckwit.

According to Harvard data, as of 2013 11.2 million households paid more than 50% of their income to cover rent.

Just as I’ve noted before, anywhere that you are likely to be able to get a decent job rent is very high. Economists like to take the nationwide data and smear it all together and claim that the problem doesn’t exist. Never mind that in rural areas and even in many medium-size cities, there are no real jobs to be had. What use renting an apartment in Cornstalk, Kansas, if there are no jobs there? Rent’s cheap, though!

But let’s look at a place that’s not even that expensive, like Jacksonville, Florida:

Even there, 27% of renters are forking over more than 50% of their income on rent/utilities (which is fair to add to rent because if you rent a place you must have utilities).

I hate that utter dipshit dumbasses like Kevin Drum and Jeremy Horpedahl are able to dominate the discourse when the data directly contracts their Pollyannish and absurd views.

Also, I am glad I am not in academia I can call a fucking dumbass a fucking dumbass. And Jeremy Horpedahl is in fact a huge fucking dumbass.