Record number of Americans are homeless amid nationwide surge in rent

https://www.cbsnews.com/news/rent-homelessness-harvard-report-center-for-housing-studies/

by mooreds • 2 years ago

22 16 2 years ago

h2odragon2• 2 years ago

I could dump a dozen headlines from the last two days about how great the economy is. And one or two that talk about how the latest "GDP rose by 300 billion" is balanced by "public debt rose by 800 billion."

The economy of the world I live in hasn't been getting better; we've drastically reduced the variety of foods we buy and I'm stretching medications for chronic conditions

chiefalchemist• 2 years ago

Exactly. The question is: who is benefitting from the +300 B in GDP? Everyone?

It would be interesting to know how much homelessness the canceling of student debt prevented? And what about all the Covid stimulation programs, many of which are ending soon, how much homelessness did those delay?

Finally, perception is reality for most voters. If I were to bet on the results of this coming Nov, I don't think I'd be putting my money on the incumbent.

tracerbulletx• 2 years ago

If you are an employee in tech, media, entertainment, or gaming things are much worse than a few years ago. If you are of an age where you didn't buy a house already, things are pretty awful. If you were low enough income that small price increases break your budget, things are pretty awful.

davidw4• 2 years ago

Housing is a huge problem and while it has started to improve in some places that have started building a bit more like 'enough', it's going to take a while to turn that ship around. And there's still a lot of scope for reform in the US.

The good news is that it is something most people can help fix locally.

Like... look at this group of local NIMBYs trying to stop an apartment from being built in their neighborhood, where I live:

https://www.gofundme.com/f/save-compass-corner

That's entirely a local problem, not something the supreme court needs to fix.

pylua• 2 years ago

What’s wrong with this? People have paid lots of money for those houses and they don’t feel like the local infrastructure can support apartments population density.

I have seen huge problems in Tennessee zoning causing massive traffic issues where I grew up. It’s honestly very bad — maybe we should start by fixing the infrastructure first.

hasty_pudding• 2 years ago

What are the chances of a small group and 10k vs big business with infinite pockets and teams ofa lawyers who went to law school with the legislators and judges?

America is not a country where the little guy wins typically anymore but wishing the best for them.

k310• 2 years ago

While some prices have decreased, studies show that gouging from pandemic peak times has continued in food. Cost of materials has gone down but prices remain high.

And as for medications, don't expect their prices to go down without legislation and bullying, as shown with insulin. The industry just owns legislators.

Same for housing. Soaking consumers is asymmetrical warfare.

klipklop• 2 years ago

Yup tired of the election propaganda trying to make it seem like the current ruling party is doing great because the economy is just humming along.

At this point the media is gaslighting the public. This is the most bleak economic future I have seen in my lifetime. I say this as somebody making multiples of the median income. I greatly worry that one day I will join the lower class (where I started) in misery as my buying power is completely eroded.

h2odragon2• 2 years ago

just came across this: https://www.realtor.com/research/december-2023-rent/

In December 2023, the U.S. median rent continued to see a year-over-year decline for the eighth month in a row, down -0.4% for 0-2 bedroom properties across the top 50 metros, a pace slightly slower than the -0.6% seen in November. The median asking rent was $1,713, down by $4 from last month and $63 (-3.5%) less than the peak seen in July 2022. However, it was still $309 (22.0%) higher than the same time in 2019 (pre-pandemic).

antisthenes• 2 years ago

If these numbers are not inflation adjusted, then $309 (the increase) is just about 22% higher than the pre-pandemic number, which almost exactly tracks inflation since then.

Seems like a non-news article to me then.

derelicta• 2 years ago

Nooooo you guys dont understand! Its the price of Freedom! You should be thankful!

Record number of Americans are homeless amid nationwide surge in rent

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