Wages in Florida are not keeping up. $13/HOUR to work at Mcdonald's.

Wages across Florida are not keeping pace with the increases in the cost of rent and home prices. Especially in a city like Bradenton, south of Tampa, where the local McDonalds is only paying $13.50/hour for crew.

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$13.50/hour translates to $27,000 per year working tull-time. Which is about how much the rent for the typical apartment now costs in Bradenton.

These low wages in Florida mixed with skyrocketing rents and home prices does not seem sustainable. Could a big real estate crash hit Florida as a result?

We will have to see.
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Видео Wages in Florida are not keeping up. $13/HOUR to work at Mcdonald's. канала Reventure Consulting