Apartments for Low Income

Questions and Answers

Your Questions About Low Income Apartments In Chicago

August 13, 2013

Paul asks…

What is the wealth distribution in Indonesia?

More like: what is the total wealth a person should possess to be able to be categorized as: middle class, poor, wealthy, super wealthy, extremely poor in Indonesia? And reference to the debt incurred as total wealth would be appreciated.

Administrator answers:

According to Chicago Sun Times (Dec 6, 2006) Indonesia, per capita wealth was $1,400.

In retrospect, categorizing would be better done based on a person net worth since basing it on items might ignore the fact that some items are not paid off yet (e.g., houses still in mortgage, car still paid in installment, etc).

In salary term,
Last survey indicates that most people earn around Rp. 300k to Rp. 1.5 mil, yet they cannot be categorized as middle class. Hence majority of the population in Indonesia are categorized as poor in salary term.

Middle class would earn from above Rp. 1.5 mil to Rp. 10 mil.a month

Rich people would earn more than Rp. 10 mil a month. In fact from Singapore:
In 2006, 1/3 of new houses and apartment sold in Singapore (mind you, not the inexpensive HDB (House development board) but the executive condo & luxury house) are bought
by Indonesian.

From net wealth perspective:
From the perspective of financial institution, upper class (rich) should have at least a saving worth Rp. 500 mil above (as seen from their printed medias regarding upper class – exclusive membership offer).
Middle class would have saving worth at least Rp. 50 mil above. (only applies to certain financial institution)

The statistics are not readily available, even BPS (Badan Pusat Statistik) does not provide any helpful information.

Will try to find more information regarding this matter.

PS: housing prices differ greatly hence cannot be determined as a benchmark. For example:
Housing in Jakarta ranges greatly from 200 mil to 5 bil rupiah depending on the area.
Apartments range from 100 mil to 2-5 bil to for example.

E.g., Mediterannian class of apt costs around 200-350 mil while Taman Anggrek Apt costs from 600mil to 1 bil, and Luxury apartment can cost from 2 bil above (e.g., the one in bundaran HI/ gatot subroto/ the peak/ pakubuwono residence)

Some more information to read just for fun:

At independence, Indonesia was an extremely poor country, and it was not until after the change in governments in 1965 that any progress was made in lowering the rate of poverty. In the 2 decades prior to 1996, Indonesia saw consistent growth, with the official poverty rate falling from 60 percent to 15 percent. However, not all groups and regions have benefitted equally, and Indonesia has a highly uneven distribution of income.

The poorest fifth account for just 8 percent of consumption, while the richest fifth account for 45 percent. Average income today is about US$650 a year.

Distribution of Income or Consumption by Percentage Share: Indonesia
Lowest 10% 3.6
Lowest 20% 8.0
Second 20% 11.3
Third 20% 15.1
Fourth 20% 20.8
Highest 20% 44.9
Highest 10% 30.3
Survey year: 1996

Robert asks…

What’s a good place for a young couple to live in NY, NJ, or CT?

I’m in the publishing industry and he’s planning to go to med school. We’re looking for a nice apartment, townhouse, or condo (not to rent), preferably NOT directly in NYC, but within an hour or so commute. We both grew up in the suburbs of the midwest, so we’d like to come home to a safe, clean, moderately quiet neighborhood. We’re looking for places under $200,000. Does someplace like this exist?
We’d also like someplace that had some trees and greenery. Some places too close to the city are just TOO urban for our taste.

Administrator answers:

You will be lucky to find a place as nice as in the Midwest, an hour from work in downtown New York, for $200,000. The cost of living in the lower Hudson Valley varies from 175% to 225% of the national average. Most commuters travel 90 minutes, each way, to work in major downtowns, and some travel two hours into NYC from Duchess and Orange counties upstate. The safe, quiet, clean suburbs are much farther from NYC than from Chicago, Detroit, or any major Midwestern city.

I suggest the following – look for a commuter rail line that will get one or both of you into The City near where you have to go, and try to find something you can afford a short drive from a station of that rail line. The main reason people choose New Jersey or Connecticut is that New York taxes are higher, but, if you earn money in New York State, you will have to pay NY income taxes on it no matter where you live. Until recently, there were no state income taxes in Connecticut, making it the cheaper choice, but harder to commute from because the train did not go that way. However, Connecticut now has state income taxes, and there may be a commuter train along the coast from as far away as Bridgeport.

Some advice – avoid driving a car into NYC unless you need to travel all around the city all day. Mass transit will get you to work, the density is so high you can walk to lunch and shopping, and there is no place to park a car for a reasonable price in a reasonable amount of time. Many New Yorkers do not even own cars, because garage fees cost almost as much as apartment rents. What you need a car for, in the suburbs, is to drive to the commuter train station, where parking is often free, and reasonably safe all day. Best to drive to the train together, and split up when you get into The City, then meet back at the car at the end of the workday.

I grew up in the Bronx, one of the denser parts of the city, with overhead trains, crosstown buses, square miles of adjacent six story apartment buildings, and trees growing out of little square holes in the concrete. If you know downtown Detroit, Chicago, Cleveland, or someplace like it, you have seen it. Living in it is another thing.

Do NOT wander around the city on foot, looking around amazed like an out-of-towner. There are predatory people in every part of the city, who will see you as a target if you act that way. Walk briskly and purposefully, avoiding eye contact with strangers, but also watching to not jostle or bump into people. Cross streets carefully – pedestrians DO NOT have the right of way on the streets of New York. Find out where you are going before you go, act nonchalant at all times, and carry small amounts of cash (neither none nor a lot), because everything in New York costs money, but there are also robbers in every dark alley. Try to make a friend who is a native, and get advice from them about how to behave, where to go, what to do.

New York City is the greatest assembly of people, culture, economic activity, and excitement in North America. Watch yourself, then learn to enjoy it.

Donna asks…

Where can I find a cheap 2 bedroom apartment in Chicago(decent neighborhood)?

I currently live in Pilsen, but my lease is up in August. Rent is cheap in this area, but I am so ready to move because I live in a bad neighborhood. I’ve been trying to move to the north side for a while, but I had a hard time finding cheap apartments. I went on Craiglist, but half the time they don’t answer the emails I send. Any suggestions?

Administrator answers:

Aside from the Pilsen area,there’s also the Back of Yards/New City area that has apt.for low income families.

David asks…

What’s the average cost living in New York city?

Im going to graduate pretty soon and wanted to move to NYC, what would be th average cost of renting an apartment and utilities in the nice side of manhattan?

Administrator answers:

New York City is one of the most expensive cities to live in. Mercer Resource Consulting ranked as the 12th most expensive city in the world with Tokyo at number one, London at number two and Moscow at number three. In 2003, New York was ranked ten but due to currency fluctuations between the dollar and the Euro, 1:1, 0.8:1, European cities have surged to the top. Within the United States, New York remains the most expensive city with Los Angeles at twenty-seven and Chicago at thirty-five. The median income of a New York is $60,765, $10,000 more than the national median. Based on a US average at an index of 100.0, the overall cost of living in New York is 189.1. Housing is almost triple the national average at $314,000 for a house and $2,483.64 for one months rent of a two bedroom apartment. Secondary education is about $2,000 more than the national average at $7,428. Utilities, including electricity and gas, are almost twice the national index at 179.9. Food and groceries is about 1.5x the nation’s index at 142.5. A mere cup of coffee with table service is $5.48 while in Buenos Aires, ranked 141st, the same service costs $1.10. In fact, despite attaining a lower ranking than cities like London and Tokyo, one thing remains the most expensive in New York, phone service for one month at $25.99. The cheapest city surveyed by Mercer Resource Consulting was Pittsburgh ranked 112th. According to the index, a person who earns $50,000 in Pittsburgh will need $97,9776 in New York. Overall, New York City is two-times as expensive as any other city in the United States.


William asks…

How does the “consumer society” account for the six Chicago siblings who burned to death because of poverty?

The human toll of this heartless government policy was illustrated on this Labor Day weekend, when six Chicago siblings, aged three to fourteen, perished in an apartment fire. The source of the fire proved to be the candles this poor family was using for light because they had been without electricity since May.

This image should shatter media depictions of the U.S. as a predominantly “consumer society.” Those in upper income levels have certainly engaged in a “consumer spending spree” over the last several years. But those in the lower echelons have been struggling to survive. Class stratification has not been this pronounced since the late 1920s.
bildymooner – you are scum.

Administrator answers:

Perhaps US gov. Has an excuse to spend countless money to invade Iraq!

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