What is going on everyone? I hope your life is going good no matter how you
want to live it. Did you know thirty-six point six percent of
the US population rents their living space? According to
the US Census Bureau people rent houses apartments mobile homes and boats they
don't count living in a van down by the river case you're gonna ask growing up
the American dream for most of us was to own some land buy a house or at least a
condo something buy something own it to live in more and more people are
starting to think that homeownership isn't all it's cracked up to be it was
probably about the time the country started coming out of the recession
around 2013 they noticed a shift in the desire of young adults to own a home
more and more were willing to rent they didn't want the headache of owning a
home in the risk and all that other stuff in some ways it made sense if you
have a mortgage the bank really owns your house anyway sure you're building
equity but still the bank owns the house you're almost paying rent to them it
seems like if the roof leaks when you're renting that's somebody else's problem
water heater goes out call your landlord not the credit card company to see if
you can afford a new water heater the list of benefits of renting goes on and
on and on now don't get me wrong I'm not saying there's no benefits to owning a
house it's just a lot of people are looking at it differently these days if
that's how you want to live that's great but in some places renting sucks and
most of the time it boils down to cost versus income like in number 10 Georgia
at number 10 we have the Peach State Georgia Georgia like many other southern
states is little light in the average income category this list we will be
comparing the average income versus the average rent and how many hours the
average person has to work each month to pay that rent in Georgia those numbers
suck they have some good Payne industries but they have more that don't
pay that well the military is one of them Georgia has nine military
installations counting the Coast Guard if you've been in the military or know
someone who has been in the military you know it's not a good place to get rich
the median yearly income in the Peach State is about thirty-nine thousand nine
hundred fifty dollars and the average rent is about twelve hundred fifty
dollars a lot for one bedroom that means seventy three point eight hours goes
into putting a roof over your head and all your stuff
number nine Illinois renting in Illinois is a nightmare
being a landlord is a different story one of the first issues as a renter that
there's no law limiting rent increases for month-to-month contracts a lot of
states have laws controlling that so technically in Illinois if you're paying
$1,100 in January the landlord can bump you up to 1500 in February with little
or no notice let's say you end up in jail or the hospital for a couple months
like you were like dating my cousin's ex-wife or whatever you end up in jail
or in the hospital you could be considered to have abandoned your rental
most states require the landlord to store your stuff anywhere from 90 days
to two years in Illinois the law and abandoned tenant property only covers
crops so your corn is safe your computer is not now this is according to the
Illinois General Assembly the average income in Illinois is thirty-nine
thousand nine hundred and fifty dollars a year rent for a one bedroom apartment
is fourteen fifty seven on average like I said before cities play a big part of
it if you're out in the middle of nowhere that's not gonna affect you
really the average income in Illinois is thirty-nine thousand nine hundred fifty
dollars a year rent for a one-bedroom apartment is fourteen hundred and fifty
seven dollars that means on average 75 point eight hours a month goes to your
landlord to keep that crappy apartment that could be you know have the rent
raised at any time number eight Virginia one theory of the Roanoke colony that
people rarely talk about is they laugh the colony because of high rent and
aggressive landlords now I think one of the main reasons nobody talks about it
is because it happens sometime around 1590 and I just made the part up about
the high rent and the aggressive landlords but seeing that we have no
idea where these people went back in 1590 that could have been exactly what
happened we don't know we'll never know you don't know that it wasn't aggressive
landlords anyway that is one of this country's greatest mysteries the Lost
Colony of Roanoke look it up it's really really interesting these days a lot of
people I'm sure wouldn't mind leaving Virginia unannounced that's because of
rent prices and rental laws if you fix something in a rental unit like a leaky
sink or I don't know let's say a broken window lock you cannot subtract that
from your rent and your landlord doesn't have to pay you back just be aware of
that now that's according to the Virginia law library the average yearly
income in Virginia is about forty thousand eight hundred and twenty
dollars the average rent for a one-bedroom apartment is about fifteen
hundred and ten dollars that means seventy six point nine of your working
hours go to your landlord number seven New Jersey things aren't bad in the
Garden State as far as tenant rights they don't have many strange laws you
know affecting tenants they do have one that is a little strange no law against
raising the month-to-month rent every single month meaning you could be paying
twelve hundred dollars in January and by next January your rent can be twenty
four hundred dollars a month if your landlord woke up got a wild hair up his
butt and decided his New Year's resolution would be to Jack you for an
extra one hundred dollars every single month of the year what really gets New
Jersey on this list is how many hours you have to work every single month for
your one-bedroom apartment the average annual income in New Jersey is
forty-three thousand four hundred dollars the average rent in New Jersey
is sixteen hundred and eighty dollars a month that means you're working 80 hours
a month to pay rent two weeks of the standard 40-hour full-time job goes to
having a place for you and your pet chinchilla to lay your heads doesn't
make sense number six Washington like New Jersey
Washington isn't terrible with laws and tenants rights they're actually pretty
reasonable and fair anyway they don't have anything dictating how much can be
charged for a deposit like most states have some kind of restrictions you know
one or two months something like that the cost is a big factor in Washington
and I'll repeat this for anyone that's itching to leave a comment all states
normally have two or three cities that jack these stats up I'm sure if you move
to concrete Washington you can find a one-bedroom apartment and a girlfriend
named Carmen for half of what the state averages the median annual income in
Washington is forty six thousand one hundred dollars a one-bedroom apartment
on average is seventeen hundred and eighty three dollars that means you're
putting in eighty point four hours a month just to put a roof over your head
so you like watch the Morning News and your favorite traffic chick or something
like that number five Hawaii why is a paradise to
a lot of people mostly those people would be Native Hawaiians tourists and
landlords the reason it's a landlord paradise is because they charge crazy
amounts for rent and people are crazy enough to pay for it obviously living on
the island is going to be expensive I mean everything except for spam as far
as states ranked by the best laws and regulations
for renters and landlords Hawaii is ranked number two that is just the rules
landlords and renters have to follow one thing landlords don't follow is the
amount of normality when it comes to how much they stick it to you and rent the
average annual income is forty two thousand four hundred and fifty dollars
the average rent for a one-bedroom apartment in Hawaii is seventeen hundred
and eighty dollars meaning that you have to work eighty four point two hours a
month pay for rent now one thing I will tell you about Hawaii
those numbers seem really low there's a lot of places in Hawaii that are
extremely expensive like way to the crazy end of things the averages that
make it sound kind of like it's okay it's really bad number four Florida next
we have the Sunshine State it should be no surprise a place with a bunch of
beaches and a lot of sunshine has really high rent prices Florida has four cities
that have more renters than homeowners and in a few cases far more Orlando has
71% renters Tallahassee has 67% the national average is about thirty six
point six percent these are all 2018 numbers obviously you get too far inland
in Florida and you start losing your taste for being a homeowner entirely
most people don't realize how backwoods Florida gets outside of the major cities
that's where a lot of people are homeowners really don't rent out there
you have a lot of guys and trucks missing too many teeth and too many
showers in most cases you find them all around places where they got the cheap
rent the median income in Florida is thirty-four thousand five hundred and
sixty dollars a one-bedroom apartment goes for on average fourteen hundred and
four dollars meaning you got to work eighty four point five hours every month
for the privilege of not living in your car or in a park when you look at those
numbers living in your car and having that girl from the progressive
commercials being your closest thing to a landlord all starts to not look that
bad doesn't number three Massachusetts if you know someone that lives in the
Boston metro area you saw this one coming I have a friend who's lived in
the Boston metro area his entire life this guy is the stereotypical bostonian
and he's given up he said it's too expensive to rent in Boston and he's out
he can't take any more he said he's gonna do the unthinkable move to Vermont
and buy a home I actually should probably rent in Vermont Vermont's one
of the best places to rent in the nation the entire state of Massachusetts it's
very offensive direct and it's got a couple
weird things about deposit on how much it can be and how long it takes to get
back to you after you've been thrown out or leave voluntarily from a place on
average people make about forty eight thousand six hundred and eighty dollars
a year in Massachusetts and they pay two thousand dollars a month for a
one-bedroom apartment and you got to work eighty five point five hours a
month just to get that apartment that's no Yad either that's just a
one-bedroom apartment number two California hey look its California
towards the top of the list of things that are too expensive imagine that but
no one saw that one coming actually if you add Florida Massachusetts in
California on your overpriced rent bingo cards come on up you're a winner if
you've been watching my videos you know I have talked about the suckage of
California to debt I just did three videos on why the place sucks housing
costs are always at the top of any kind of negative list about California and
really any list about crappy things about California now this is where we
get some clown that needs to leave a comment about how it's only expensive if
you ain't got no money and don't have a good job I just want to say something to
that person stop typing you live with your parents in your 28 the average
annual income in California is forty-two thousand four hundred and thirty dollars
the average rent for a one-bedroom apartment in California is two thousand
one hundred and twenty two dollars so 2018 it's probably closer to three
thousand this year anyway that means you got to work ninety nine hours a month
just to put a roof over your head that's crazy
and number one New York I just surprised nobody with that if you watch TV listen
to the radio have ever been on the Internet know how to read sign language
hell if you know how to read tea leaves or smoke signals you know New York is
grossly overpriced New York and California are in some sort of twisted
competition of trying to price all the residents out of the state they are so
good at it there's no way that it's happening by accident New York is the
best example of a major city bringing the rest of the state down New York City
is so bad it's not even funny anymore the average annual income in New York
State is forty four thousand nine hundred ninety dollars the average rent
for one-bedroom apartment two thousand four hundred and ninety nine dollars
that's the average that's how grossly overpriced New York
City is that it's making that the average that should be the absolute
worst but no that's yeah that's just weird anyway you have to work almost 103
hours a month just to put a roof over your head in New York that's just bad
no right so that is the worst states to be a renter in hope you guys got some
information if you're thinking about moving to one of these states really
look at the rental prices before you go it's some of them are really bad anyway
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