the first four places i rented all required roommates to make rent and that was the 70's... why should now be any different
Posted on 06/18/2015 4:31:18 AM PDT by 2ndDivisionVet
The poorest Americans, who can’t afford to buy property, are increasingly priced out of rentals.
There were only 28 adequate and available to rent homes for every 100 extremely low-income renters in 2013, down from 37 in 2000, according to the Urban Institute, a nonprofit and nonpartisan organization that focuses on social and economic policy. “This gap between supply and demand leaves 72% of the country’s poorest families burdened by the high cost of housing,” it found. Extremely low-income renters are households with incomes at or below 30% of the median income in that region.
Not one county in the U.S. has enough affordable housing for all these renters. Among the 100 largest counties, the number of affordable rental homes ranges from eight per 100 in Denton County, Texas, to 51 in Suffolk County, Mass. This regional disparity is partly due to federal assistance not keeping pace with population growth, says Erika Poethig, a director at the Urban Institute. Only nine of the 100 largest counties increased the number of affordable units for extremely low-income renters from 2000 to 2013....
(Excerpt) Read more at marketwatch.com ...
$1400 per month in the DC-metro area.
Just more complaining to get the Section 8 allotments up. More money, more money......
For a small studio apartment...
The obvious solution to the problem is to bring in hundreds of thousands of Somali and Syrian refugees and to legalize tens of millions of illegal aliens.
/s
Looks like some of us will have to either head back up into the trees or become extinct.
Starts around $500 here but can go way up, of course.
When they give their smart phones, cable, tats, cigarettes, liquor and drugs, I might give a damn.
And odumbo wants to “integrate” the more wealthy neighborhoods. Sounds like a sure failure to me.
Exactly.
the first four places i rented all required roommates to make rent and that was the 70's... why should now be any different
>>There were only 28 adequate and available to rent homes for every 100 extremely low-income renters in 2013, down from 37 in 2000, according to the Urban Institute, a nonprofit and nonpartisan organization that focuses on social and economic policy.
The key here is the definition of “adequate”. Until I was 12, my family of 5 lived in a small house with one bathroom, one phone, one TV, no central heat or AC (and we were in Florida). This would not be “adequate” today, especially in the eyes of a “nonprofit and nonpartisan organization that focuses on social and economic policy”.
Life is hard. It’s even harder when you’re stupid.
I worked in fast food from age 14 to 18, every minute of time I had that wasn’t spent in school and I had to walk a couple of miles there and back - all for $1 an hour. I couldn’t get a decent job at 18 because I was 1A and they didn’t want to waste their training time on somebody who was soon to be drafted.
So, I know what it’s like. It takes hard work to get out of it and you don’t get “out of it” by driving your employer out of business.
As of 2008, there were nearly 5 million people on Section 8 rental vouchers, the program costing $46 billion. I’d imagine that this number will do nothing but increase.
The cities themselves are doing it.
In Jackson Michigan they’re tearing down rental properties for any reason they can so they can emulate the oh so superior city of Ann Arbor.
Frankly, I would do the same. You don’t want a Section 8 neighborhood anywhere near you.
Get a job. If its not enough get a better job. People who are comfortable in poverty have no incentive to improve themselves or their condition.
So you support seizing privately owned properties to tear them down to move the renters to someone else’s neighborhood.
No. If they buy the properties that’s a different story.
I know there have been cases where neighborhoods have been declared “blighted” and the property was bought out (not at what owners would call fair market value), but money was paid.
Outright seizure without compensation is wrong in my opinion. However, the problem of Section 8 rentals is bad and no good comes from it.
Work harder. Don’t be poor.
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