Rent going up with the gas. (Tampa, Orlando: low income, renter, house)

[kyle19125]

Originally Posted by ComSense

i think orlando pay is decent. i just think rent is too high considering where we are (central FL).

Actually in essence that would make Orlando pay "not decent" if it's not in synch with housing costs.

[annerk]

Originally Posted by kyle19125

Hotels, Restaurants, Retail and other service sector establishments (what's largely driving Orlando's economy) rarely turn to non-supervisory employees to fill management slots despite the notion of seeming well-intentioned by doing so. So the "hourly employees only need to better themselves in order to advance" mantra while a terrific thought oh say twenty to thirty years ago, isn't so much these days. And in terms of local non-service industry companies offering classes to avail themselves of advancement, exactly how much do you suppose of that is available in the era of downsizing at the middle management levels? Your perceptions of the modern workplace aren't in lockstep with 2014, so within your bubble I suppose it all seems logical....

It's always an excuse.

With online education as it is these days, there's no reason to not continue education to be able to find better employment.

[annerk]

Originally Posted by tinytrump

Why folks always out to put others down like life is their fault? GRR time to watch AMERICAN GREED. Even those who seem to have it " all together" fail or get sick. The majority is hurting and even if we turned them alll into college wizzards there still would not be enough jobs... some cant see past their back yards unfortunately, nor care to.

I never finished my degree, and make six figures. I paid my dues, worked hard, took chances, took classes when I thought they would help me advance. If I had finished my degree, I'd be making double what I am. There are plenty of jobs, people need to learn how to find them and get them. I know of half a dozen open and unadvertised jobs paying $50-120K right now.

[bmw335xi]

I agree with annerk. There are plenty of open positions available, people either don't have the knowledge for them or they want to automatically make six figures right off the bat. I have a few friends that recently graduated from UCF and got good jobs in the medical field. My friend in IT (I mentioned before) said they are having trouble filling a programmer position.

[kyle19125]

Originally Posted by annerk;34276030

[B

With online education as it is these days, there's no reason to not continue education to be able to find better employment[/b].

Yeah, elsewhere...

[kyle19125]

Originally Posted by annerk

I never finished my degree, and make six figures. I paid my dues, worked hard, took chances, took classes when I thought they would help me advance. If I had finished my degree, I'd be making double what I am. There are plenty of jobs, people need to learn how to find them and get them. I know of half a dozen open and unadvertised jobs paying $50-120K right now.

Well goodie for you. You're obviously one of those that lucked out a couple of times and think everyone else that hasn't had the same breaks deserves a lesser place in life. Nothing anyone ever says means anything because your experiences somehow trump everyone elses. Moving on....

[WithDisp]

Originally Posted by kyle19125

I disagree 100%. It's a supply and demand game not linked to salaries. If people cannot afford to live in one area by and large they're forced to move. The rental supply and demand issue here in Central Florida the past several years has been tied to factors such as foreclosures (people forced out of their homes into the rental market), sub-standard salaries for a majority of residents which doesn't allow for home ownership, UCF's growth to 55K undergraduates, as well as a tourism based economy where in some instances rentals are occupied by short term/seasonal tenants. Furthermore how do you suppose someone making $10 an hour (say versus $8.50) is going to afford any significant change in residence? That small change in salary is going toward everyday essentials such as food, transportation and other miscellaneous items most certainly instead of toward better housing, as that small difference isn't going to amount to much change anyway.

It's not just coincidence that the majority of high income areas are tied to high costs of living.

Minimum wage bottoms out federally, and yet still people work those jobs in Hawaii, California, Arkansas, and Montana and manage to survive there. They don't all move down in the world, and I'd hate to think where someone has to go if they can't swing it in Orlando.

Supply and Demand go so far, but section 8 and other subsidy programs push things on.
There are millions in this nation's most expensive city (NYC) who by no standard can afford it.

All I'm saying is the more people make the more real estate professionals can milk from a transient city.
Large companies like Invitation Homes bought up the majority of foreclosures in cash, all new downtown high rises are rental units- small groups of people have complete authority to set rents- and why a demand is clearly there, there's subtle overtone of price fixing.

[StreetSmarts]

[quote=chopchop0;34268305]Actually you're both right. Payscales and Supply/demand influence housing prices.... when you have a tiny area with decent pay, you end up with SF/Bay area prices. When you have a decent economy with plenty of room to build, you get affordability like you might see in Houston.[/quote]


Greenville SC is a very good example of this. Also most of Charlotte and Atlanta.

So it cant all be based on supply and demand, because Orlando souldn't be priced higher than the 3 cities mentioned above, but it is. Which is why it cant be just a supply and demand thing.

[StreetSmarts]

Originally Posted by kyle19125

Actually in essence that would make Orlando pay "not decent" if it's not in synch with housing costs.

I guess as far as rent costs, I'm talking about Oviedo, Winter Springs areas.

[seain dublin]

Originally Posted by bmw335xi

Just be happy with the prices in Orlando lol, it's still one of the most affordable areas in the country.

In case you missed it the first time: Of those 50 metro areas, we have the largest percentage of our total workforce -- 37 percent -- making $25,000 or less. We have the smallest percentage of workers making more than $50,000."

That is a large part of the population making a very low salary.

In many cases you're better off in an area making more money that has a hire cost of living.

A few years back when gas was going up like crazy USA Today profiled states where people were struggling the most, FL was one of them. If you're making 30K a year in say Orlando, you can't afford to have gas keep going up in addition to rent increasing.

While people in other states that were making say 60K a year in places with a higher COL and higher gas prices weren't feeling the squeeze as those in FL.

What might work well for retired people with a pension doesn't work the same for working people.