Sorry for the late reply homie but I'm more than happy to break it down for you, this is a long reply though TL;DR at the bottom.
Firstly, we live in a renters economy where a large part of our population cannot subsidize homes due to income inequality let alone find affordable housing to rent, be it socio economic factors or a lack thereof of generational based wealth. This is especially difficult in Urban areas where real estate companies have been practicing something called real estate speculation for decades now. They buy large amounts of properties and don't fill the rooms. (Example) apartment complex's & homes to artificially inflate the demand for housing. All while slumlords are continuingly raising rent prices actively nationally. Post covid rent has gone up tremendously everywhere coupled with inflation and all the government has done is make it illegal to evict people when covid was at its worst if they could not pay rent. 0 initiative to combat this corruption & chokehold on housing.
Meanwhile, compared to let's say. Norway for example, where the general taxation is set to give or take 60% I believe. But in return you receive opportunity for subsidized housing, opportunity to earn education, universal healthcare, and a wide scope of social welfare initiative allowing you the comfortability to have a balanced lifestyle & pursue meaningful work without having to worry about how you will go bankrupt/homeless if you break your foot or become sick.
Here we pay 43% roughly federally (depends on the state since we pay state tax as well)
And we receive borderline absolutely NOTHING in comparison to most first world countries. Our military budget is immensely bloated with wasteful & meaningless spending, our republican party have been overtaken by new wave christian evangelist fascist ideology so we are hardly passing any meaningful legislation anymore.
All the while, our middle class is disappearing as our job industry is continuously outsourced to countries like China. No hate towards them, don't hate the players hate the game.
tl;dr
Rent to high, rent getting higher, government letting landlords do it while the US government f%cks the economy & inflates our dollar & accomplishes nothing we pay them to do. Couple inflation with no social welfare & lack of good paying jobs people are now forced to work 2 jobs to just to survive in most urban areas.
I am blessed to make $21/hr & have a good family, I could be anyone else and be much worse off.
2023-03-16 23:35