![]() Ray said it’s an issue that affects most of Orlando’s workforce, half of which makes below $17.59 an hour, according to data from NLIHC and the state that the Shimberg Center uses to analyze Central Florida’s rental market. “When it comes to rents, they’re $1,300, $1,400, $1,500 a month depending on if you need a two-bedroom or a three-bedroom. Victor Torres, who was elected to the Legislature in 2012 and represents Osceola County and parts of Orange County. “This report affirms the sad truth, what we already know about Florida’s housing crisis: The average person is priced out of the market,” said Sen. Put another way, a minimum-wage worker would have to work 115 hours a week. ![]() But to be able to afford a two-bedroom unit at the $1,290 fair market rent, you’d need to make $24.82 an hour, which amounts to $51,619 for a yearly salary. The state minimum wage is $8.56, equivalent to $17,804 a year and, after Amendment 2 was passed last November, will increase to $10 in September. “Somehow things are to the point where even though there’s that huge demand for relatively low-cost housing, the units aren’t getting produced.”Īccording to the report, Florida is one of the states where the gap between the minimum wage and what’s actually necessary to afford modest housing is widest. ![]()
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