In two weeks, I will celebrate the 20 year anniversary of my permanent escape from homelessness. On July 4, 1999, I moved into a two-bedroom apartment at the Glen Willow apartments. I didn't even have a bed. I had just a sleeping bag on the floor. But I finally had my own place to live and some dignity in life.
What had been the price of admission to this apartment?
What had been the price of admission to this apartment?
Rent: $1,200 per month
Damage Deposit: $400 provided by a grant
Income verification: None-just proof that I was employed. At that time my income was $1,396 per month or $16,752 per year.
Damage Deposit: $400 provided by a grant
Income verification: None-just proof that I was employed. At that time my income was $1,396 per month or $16,752 per year.
Let us fast forward 20 years and see what my price of admission to the two-bedroom apartment at the Glen Willow apartments would be today as follows:
Rent: $2,450.00 per month
Damage Deposit: $1,000.00
Required income: $6,125 per month or $73,500 per year.
Damage Deposit: $1,000.00
Required income: $6,125 per month or $73,500 per year.
I would not have been able to afford this apartment and escape homelessness in San Jose, California.
No comments:
Post a Comment