Sure, there is a wage problem. My issue with the way the cost of one-bedroom apartment is calculated. It is based on the HUD fair market rents (FMRs) at the "40th percentile of rents that a family can be expected to pay". That means that 39% of one-bedroom apartments are cheaper than the rate given. If minimum wage people are supposed to have a 40% apartment, who is supposed to live in the 1-39% apartments, middle class?

I expect the lowest 10% of wage earners to live in the lowest 10% apartments. I'd like to see what these numbers would show then.