Record number of Americans are homeless amid nationwide surge in rent, report finds

Cbsnews ^ | 01/26/2024 | Elizabeth Napolitano

[metmom]

No Americans would be homeless if the government treated us as well as it does illegal invaders.

[Harmless Teddy Bear]

In the past three years I have seen any number of small landlords sell their property and get out of the rental business. These were people who owned three properties or less. Most were retirees but a few were deployed military. I specialized in property management for them. When the eviction moratorium hit about a third of the renters took ruthless advantage of it by not paying their rent for months. They did this even if they were still working or they were getting unemployment. When the moratorium ended and they were served with Notice to Quit they screamed like scared bunnies. How could we be so mean? Judging by what we cleaned out of the properties they had spent their money on pricy electronics. Many that they did not even bother to take with them.

The sad part is that many of the landlords decided to quit as well. We were told by most to put their property up for sale when the lease ran out. The renters who had kept paying the rent were hurt as well as they were told that they had to find some place else to live when their lease ended.

A few of them managed to buy the rental. Most did not. The houses were snapped up in days of being put on the market.

The same story happened again and again all over the country.

The contraction of the rental market and the number of renters who suddenly had to find new housing had a hand in creating this current problem.

And worse those people who got out of the rental business are not getting back in. They can not afford to do so.

[zeestephen]

Illegal immigrants can legally qualify for "Low Income Housing Tax Credit" apartments and homes.

"Tax Credit" confuses the issue because investors - not tenants - are awarded Tax Credits. Tenants receive rental agreements that are often 50% or more below the geographic average.

I believe that LIHTC is actually the largest low income housing program in the USA.

The final rental decision is up to landlords, but they are not required to verify citizenship or Green Cards.

[Organic Panic]

Every scrap of real estate, apartment, and “affordable housing” is being scooped up by organizations giving illegals aliens a free place to live. The democrats know the poor and idiot minorities will vote for democrats regardless. Now though, the illegals rule this nation and they need their support.

[Worldtraveler once upon a time]

--- "According to a Jan. 25 report from CLAUDINE GAY's Harvard's Joint Center for Housing Studies...' one can "see BS" with clarity.

As with Denver's wee crisis, or San Fransisco's or NYC's or Chicago's or those Democrats in Maine and Massachusetts floating the insanity that people take "migrants" into their homes, the entirety of this mess is made in DC by Democrats and RINOs and money-grubbing NGOs.

As so, again with clarity, the "fundamental transformation" of these United States as openly bragged about by Obama, is THE root cause.

[apoliticalone]

It is anti taxpayer to force taxpayers to compete with other states to give corporate handouts. I’m not sure of the answer but taxpayers should never be forced to provide handouts to compete with taxpayers in other states.