Researcher proposes how to solve the U.S. affordable housing crisis
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- Опубликовано: 26 июн 2024
- Matthew Desmond, a sociology professor at Princeton University, spent months embedded in a Milwaukee trailer park to learn what factors drive homelessness. Desmond joins CBSN to discuss his research and the solutions presented in his book, "Evicted: Poverty and Profit in the American City."
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How asinine is it that one of the hardest things to achieve in life is shelter....
They always avoid the fact that the business model of the landlord is inherently parasitic.
@@OkayThankYou253 The entire rental market is about wealth extraction. All landlords are practicing a form of economic parasitism.
I didn’t qualify to buy a house so I built it on my own. And now I own my home and I am happy that a bank never borrowed money. I am very lucky of what I did and I am of the few American immigrants who own my own home on my 30s
How did you manage to buy the land you built on?
Lifes hard for everyone who wasn't born rich. Dont make it harder for yourself by having kids at the wrong time in your life.
Jeff Morrison that part
@@businesslp3027 not sure what you're saying.
...And it's less hard for the nonrich in countries like Sweden and Denmark. Wonder why.....?
Demographers calculate that raising 1 child at middle class standards from conception to 18 averages $250,000. The largest hunk of that is for housing.
@@JeffMorrisonAdventures He's saying that starting a family at 18 can lead to a life of poverty.
In my area trying to even find a 1 bedroom under $1300/ month, no utilities. I don't see why they advert water and sewer as a utility they pay, that was always a given. nevermind a two bedroom. Some of these places arent even nice or in nice areas, but they threw in a nice counter and floor or something. Found like 3 affordable ones but they require you make $50k to apply. What's everyone supposed to do who's not on section 8, like a ten year wait list, where do you go in the meantime? Work full time, shelters are full, not that you should have to do that working full time but where do you go?
Hope and pray. Sometimes that's all you can do.
Some peeploe with mortgages work 16 houres a day they never enjoy the home ?
ya but da pay
@@davegoldfarb how long is life? Can you take a stupid pile of sticks and stones with you. Working life away for a house is more idiotic than poverty...
Gabriel Rojas 🤦🏾♀️
Only until their physical health breaks. Then the tendency is for the spouses to divorce, the house get sold, and the family to split into two apartments while the money lasts. When the money is gone, either the mother is working or on welfare with the kids, and the man is either homeless or shacked up. Working 16 hours a day sometimes lasts till the kids are out of school--but sometimes not. Nobody ought to be working 60 hour work weeks. The adenalin high is not worth the physical breakdown that follows.
That's not affordable housing
To be able to afford 2000-2600$ rent 2/3 bedroom home you need make 30$dollars an houre or more when minimum wage berly 15$houre after years
Gabriel: Federal minimum wage is UNDER $8/hr!
$15/hr is the 'living wage' being required in some states by state law.
@@crusindc5282 And you can't "live" on that money either way, even working a full 40-60 hour week.
@@crusindc5282
Also if wages increase, prices do too at the same rate, so you'll be right back where you started
the average wage should always relate to the housing market so average should be $50/hr or something if were comparing to the 70s
Heres a crazy idea. How about we take some of the defense budget and build some buildings? What is it like $730 billion?
So take from the men and women that serve? They already don't get paid enough.
Shelley Sheri right... like all the entire budget goes to paying for the servicemen
@@youngz13o Where do you think they will cut first??? Trump wants the wall....where is he trying to pull money from??? Speaking as a wife to a veteran.
If they want to fix the housing crisis they created, the can do it by creating more supply. Basic economics. Right now we have strong demand, but not enough supply. People want to buy houses, but prices are high. They continue to exacerbate the problem by pumping cheap money into the system increasing the price of assets and further strengthening demand....hence the everything bubble we face today. If they increase the supply of affordable housing the prices to buy and rent will go down. Like I said housing has nothing to do with military and it makes no sense to pull from military when it has nothing to do with the real problem the gov and fed created.
Shelley Sheri im grateful we have men and woman in our defense force but I still think the distribution of money in this country is poorly managed. And I target the military arm because its one of our largest expenditures in our governement budget and in my opinion, i dont agree with a lot of our involvement overseas and i think its just a waste of resources that can be used back home to make our country great again by investing in its people perhaps instead if building 10 aircraft carriers, maybe build better transportation infrastructure so its easier for people between inter cities to connect and develop economically and socially or even helping our students with a better education system... i mean theres just so much money spent on these military projects that I think always go obscenely over budget
The U.S. Housing Crisis well be solved as soon as the average minimum wage is raised to a level where workers can afford to live and everything else stays at the same rate...But, that'll never happen.
You re asking for Socialist solution that has failed in the Warsaw Pact & Soviets.. They failed miserably..
Minimum wage in Canada is raised to $15/hr and they still hv high housing cost n worse economic productivity.. Just built more high rise, high density housing & make the permits easier.. Then built better public transportation in mix zoning cities & stopped subsidizing suburban sprawl.
Giving away money doesn't help.
What needs to happen is for banks to have extremely strict guidelines for anyone buying a home beyond the one they reside in. Think about how many "landlords" are out there. Most should've never been landlords in the first place and if that home would've been on the market there would be more inventory which would bring the price to buy a home down. Its just economics
he's not talking about "giving away money" that is a very simple-minded statement on your behalf.
@@TheGoatLocker”they get a housing voucher”
You need to become more simple minded because you failed to comprehend basic English.
@@jimba6486 I have a bachelor's degree in Psychology with a conc in addiction studies. My comprehension is above average. There is a difference between giving away money and voucher welfare based programs that are meant to categorically approve or deny families in need based on funds approved by our American democratic government. I swear people like you, act as if our country doesn't run off the collective of individual rights and liberties. You think everything works according to your own agenda, or at least it should. Again, simple minded thought processes.
70 year mortgages on used materials up for grabs! While my grandfather had a 15 year mortgage on brand new materials!
R1 zoning and American towns and cities surrounded by highways where neighborhoods are disconnected. Basically Americans are forced to afford a car. Public transportation is unreliable in America. The only livable city in the U.S. without a car also happens to be second in the most expensive cities in the U.S. - New York City.
I’ve seen a lot of debate over Missing Middle Housing. Just getting it allowed is a battle. Here in Seattle, everybody talks about housing affordability, but when it comes to doing something about it, no matter who is in charge, the majority of the city is still single-family housing. ADUs will help, but not enough. Clustering around Light Rail Stations is one exception, and in the case of underground stations, on top of them. Just opened to Northgate, the next LINK extension North will be to the city limits at N145th St, and then into Shoreline, cross the county line into suburban portions of Snohomish County. Hope Lynwood doesn’t cave to NIMBY’s and miss out on a big opportunity with the parking areas at the Lynwood Transit Center.
The great American con: we built a 1800 sq ft home from scratch on a $3,000 lot we bought for a $50,00 bank loan in Rhinelander WI were we lived for years. The house was weather tight but lacked non essential finishing. It had certified plumbing, electrical, heating, 3 finished bathrooms, and had a wood furnace next to the natural gas furnace. A social worker I saw use COERCIVE HYPNOSIS to defraud us of our home, the bank VP told us we could not do body work in the drive under garage.
This house was taken from us, used by others for decades, then had a deluxe kitchen installed, sold for over $200,000. They took a solid professional built home and added to create a home whose taxes would be as much as our house payment, all the while enjoying our low initial cost and giving their children and themselves middle class life.
Are there predators who scout for such? Targeting unconnected families? No powerful connections? And a community that signs off on such? What if the original plan was to restore the original family decades later when a lengthy law suit was settled, the 3 generations to move into the finished house and then BE UNABLE TO MAKE THE PAYMENTS TO LIVE THERE??!! Is that a criminal act? Was that planned to make it seem that the original builders and family had been restored to their life but in actuality had been cheated of all of it?? THE GREAT AMERICAN CON. ALL'S WELL THAT ENDS WELL.
Anywhere is more affordable when you live in Hong Kong.
Umm, hope something is done not just talked about.
Didn't even talk about 3D printed homes (ex. Vulcan II by Icon)
Pierson: Last week of June a presidential research commission was created to report to prez in 2020, telling him who he can blame during his campaign when people ask him about the lack of affordable housing.
@@Hecsagon0 !
And who are you expecting to do something about it? The lawmakers? Gov? Politicians? They are the ones who made these laws. That's the problem with America you people don't do anything you expect the same ones who make these rediculous laws to do what you the people are supposed to do!
The US has the humanitarian crisis
There is no shortage of affordable housing. What there is a shortage of is affordable land. Our society is plagued by centuries of land speculation and land hoarding. How is this possible. Simple. Land is severely under-taxed everywhere. People can hold onto vacant land for decades because land rarely gets reassessed as land prices are increasing. We need to exempt housing units from taxation. The annual tax on housing equates to a sales tax on housing imposed year after year after year. We need to move to a land-only property tax, the optimum annual tax charged equal to the potential annual rental value of whatever land is held. Doing so will force land onto the market. Owners will have a real financial incentive to bring the land they hold to its highest, best use, or sell to someone who will.
For more information, search on "land value taxation."
@kara Mel Of course, if I can live off the grid in a rural area with no public services, then land will be inexpensive. Land in some towns and cities where there are few jobs will also be relatively inexpensive. But, in prosperous cities or their surrounding metropolitan areas land is too expensive for many working people, even when there is more than one adult working fulltime.
Why is there a shortage of affordable rental housing in many communities? A major reason is the cost of land. A secondary reason is community resistance to the granting of building permits for apartment complexes. Dealing with land prices is possible by one means only: communities need to obtain from state government the local option to move to a land-value only property tax base. The objective is for local governments and school districts, in combination, to collect the full potential rental value of locations.
At the same time housing units and all buildings need to be removed from the tax base. Buildings are depreciating assets that require continuous expenditures by owners for maintenance. Then, every decade or so huge expenditures are required for systems replacement and upgrades. It makes little sense to tax owners of buildings. If there is any logic in taxing buildings, then the depreciated value of all assets ought to be taxed each year. Does anyone think it makes sense to impose such a tax on our automobiles, on our computers, on our telephones, on our refrigerators, on our lawn mowers, etc. etc. etc. And, yet, we impose this tax on what is arguably our most essential asset -- our home or our place of employment or business.
Anyone who finds the above argument of interest is referred to the website of Common Ground, U.S.A. for more information.
What about Soviet Style apartment blocks? Just build a bunch of utilitarian style apartment buildings and house all the homeless and low income folks there. Of course, increase police in those buildings to ensure they don’t turn into meth lab apartment projects. Otherwise what’s the solution the housing and homeless problem? A real policy based solution?
Honestly, I think everyone in the US should get a subsidized rental amount paid by the government -- according to their income. Wages haven't increased but COLA has skyrocketed. There is not much one can do unless going into credit card debt and/or depending on more people to pay the monthly rent. Having more Section 8 vouchers given and having more public housing won't do much. It will only saturate the market, make it harder for everyone with vouchers to find housing. This is the case with LA County. Too many vouchers, not enough landlord's wanting to accept section 8. And there is an economic incentive program for landlords but some still won't rent to the section 8 participants.
Guillermo: Section 8 funding was reduced the first week this prez was in office.
This is caused by you the people. You let it happen.
lol, it's because of the rise in property taxes and low housing supply. Subsidy won't do much, somebody has to pay for it. With what? Taxes.
@@crusindc5282 No, government subsidizing is creating the unaffordable housing.
I asked my landlord about the issues with how rent is calculated for apartments, and he explained there's a lot of factors. One of the biggest issues is taxes, followed by building maintenance depending on the size of the complex and the number of tenants. Its not pure greed that makes high rents, but merely the simple fact that inflation over the past few years has outpaced wage increases so much.
Bernie Bros don't understand that government interference in the economy is what causes prices to rise in housing. They have a cartoon image of a landlord smoking a cigar, counting money from all his bags of money with a boot on a tenant.
@@dragonore2009 "government interference in the economy is what causes prices to rise in housing" is far too much of a generalization, its laughable. "Government interference" can come in a variety of forms, some of which can HELP the private sector by subsidizing costs that they have to pay. Would inclusionary zoning be "governmental interference" to you? Or eliminating tight restrictions in single family zoning and minimum lot sizes? Or simply reallocating tax dollars appropriately from less necessary programs to affordable housing subsidies? If you and other Americans continue to live in fear of any form of "governmental interference" then this problem won't be solved. The "free market" fails.
@@dragonore2009 No, it's not government involvement Sir. It's capitalism. The "housing market" is so out of hand because zoning laws make multi-family housing nearly impossible to build, which keeps the demand for housing high as the supply is low. Please take a moment to check yourself before you make such ridiculous statements.
@@BluetheRaccoon Yeah, zoning laws, exactly, government intervention, along with other interventions the government does that keeps housing high. Now if you say "Well Capitalist take advantage of those laws..." Yeah, no kidding, wouldn't you? The problem isn't "the Capitalist", the problem is all of this government intervention in the housing market. Get them out, let Capitalist actually compete for tenants or home owners.
@@BluetheRaccoon 100% they talk bad about the government until they need to evict someone then it's "please government come forcibly remove people from my house"
Trump does not care able the poor. People work and have to take more than one jobs to still be poor. The elderly have worked for years and they do not get what they put in back. Retirement with social security is only $6 increase for 2020. Housing is going up like food, utilities and all basic needs. Wages are so low we the people are becoming homeless. The elderly and disabled really do not have a choice, they are being forced to live like drug addicts and are being pushed to the world of the homeless. The working people are becoming the new slaves of the rich. Open your eyes are see what is being done to all the people.. no more middle class. It’s the rich and the poor. The rich do not can about the poor except for working the people to enrich their needs. The people in the field are immigrants and the easy way our President has been talking, he wants to eliminate them. Who will put our food on our plates. Our President is changing our constitutional rights to benefit the rich. He is not acting on our behalf. He is betraying we the people. There is so much discord. It’s no longer about race to enslave the people. It’s about the have and have nots. Our President tries to divide the people by races by his own words. It’s another way to enslave all the have nots. Look at what is happening to our schools even the children are responding to what is happening. They are claiming the children are disturbed and disruptive. It’s being blamed on the parents. Our children see. Our children finish school can status show that they cannot even read. Our children are being set up for failure. I have never read or seen a President act so immature and throw so many tantrums. He threatens our freedom and liberty to think for ourselves. Next we will be told what and how to think. Do not believe me! Watch and see! We the people are stronger together. This are not in our best interest. Do you homework and decided what is best for we the people.
He selling that damn book..he ain’t poor! People that live in poverty need to write these books and sells them not some guy doing research 🤔 that lived in a trailer 5 months.. how bout all your life
How about less regulation? In a free market developers would love to build, but there's so much red tape.
Okay I love this guy
He’s exactly right, but will Government extend the list for the voucher program 🤷🏽♀️
Me. Themjs: This prez cancelled Section 8 vouchers during his first week in office. Last week he created a 20 or so research group to tell him who to blame fir lack of affordable housing in his 2020 campaigning.
Can we just build more homes
Houses being built everyday. That's not solving anything.
there are more empty homes than there are homeless people in the united states. this is a distribution problem not a supply problem. in order to address this we need to distribute homes to those who need them. this entails taking homes from slumlords
@@firstlast-wb2pw you sound like a communists. This is not North Korea.
it call Bankrobbery! bank got help from tax money . people don''t . us have bad laws! giving money to other nations , but you cannot help your own people
I use the money from my rental property to pay for my kids education and the care of my elders. Other people can get programs, we cannot. I live in a average home and drive an old car. I try to take care of my tenants as much as I can. I still need the money.
Inevitability in a downward trajectory. #Sad
Expanding vouchers or any type of taxpayer funded aid is a solution, as long as the market isn't skewed by an imaginary "ability to pay" -- If the tenant is paying 30% and the Voucher pays 70%, the AMR shows that unit can be rented at said 100%. Rent control is absolutely necessary and should be limited to the actual AMR, not skewed by HHCA (high housing costs adjustments). If we need more housing built to bring the market DOWN to affordable levels, we must DO IT. The government WASTES SO MUCH MONEY on everything but keeping Americans housed! Humans should have a RIGHT TO BE HOUSED, not exploited as a commodity.
Public housing is the main solution to the crisis. We need to start building it.
So to fix the problem, the public needs to put pressure on the state and federal govt. to spend our hard earned tax dollars on building more houses for the homeless and expanding programs to provide more housing assistance. This is doable, but the public needs to band together to get it done, and hold our representatives accountable.
The problem is Greed! 😊🙏🏻❤️🇺🇸
Gilbert Flores Not really bro the cost of housing is determined by supply and demand this is why overpopulated city centers have astronomical rent and property prices and boringville Nebraska has rents that cost 10% of those in La or Chicago
The problem is lack of housing supply in the cities that have jobs.
Trystan Fuglseth boringville is also a longer commute to work. Supply and demand shouldn’t be the determining factor of prices. You want society to run you take care of the people that run it.
👏🏾👏🏾👏🏾
4:41
Rent control , land management, regulations that's bad business banking jack up property prices create housing bubble crisis 2008
Longho: 2008 recession was caused by Cheney ordering Federal accountants to report financial data positives & repress the negatives for 7 years! You didn't get a copy of that infamous memo?
and the jacked up taxes on rentiers higher price assements pay for government peoples inflation adjusted wages ...sabateurs..?
Nationalize landlords property
Maybe if they listened to their “think tanks” up at the United nation human rights council their could be some feasible options and alternatives, or vice verse, if the United Nations actually stood up for Americans and helped solved this issue, but doubt it
What if someone MADE affordable housing? Like, small apartments with smart layouts? Also, what if the people making those apartments loves people and wants to help the homeless? I am considering becoming a landlord and/or passing on my ideas to someone more capable.
You'd get shoved so far out of the city by corrupt zoning officials and Karen type residents that no one could afford to drive there.
You'd do better to call it student housing and then change it up later when people start rioting over this stuff.
New York Sam Francisco and Los angel is need to adopt the Singapore model
yep but very hard to build more housing any of those cites. they are done. we need a new new york.
They can but fhe problem is the people.american people are too manh complain
The number of likes vs subs vs interest in this subject is extremely disappointing. A subject such as homelessness and affordable housing will touch a huge portion of American's lives.. there should be easily several hundred thousand likes and many many millions of views... One of the problems in America that seems to make everything for everyone worse.. is that unless or until it affects you.. most seem not to care or worse they see it as an issue of being untrustworthy or uneducated. The truth is.. as he mentions the subject has many sides.. not just two...
Trump should look for ways to provide affordable housing- and now that he's been Vindicated he can work on this tedious task before his reelection attempt on November 3, 2020
The more you subsidize housing the more the price will increase. Just like university tuition or healthcare. Price of school tuition is skyrocketing in large part because government is stepping up to guarantee loans. Insurance companies pay, not the individual; thus the customer doesn't care about the price.
Additionally, this is not a sociology issue. This is an economics issue. I don't think living on the floor of a trailer home will give you additional insight into making housing more affordable.
It's crazy how people just don't realize this. this professor just wants to throw more money at the problem.
Collin: 4,000,000 American born 18 year olds just left school. If their parents won't put them through college, if their parents won't even sign the financial aid office work, nor risk the family home by co-signing on college loans, not even allow the 27 year old to live at home, what do you suggest? But before answering, weigh the demographics that there are starting this moment 24,000,000 American born 18 to 23 year olds with another 4,000,000 turning 18 for the next 20 years.
We have the largest number if people living in their vehicles since the Great Depression.
Developers only want to build 2000 sq ft+ dwellings.
Thank goodness the auto industry has produced s surplus of used cars for people to live in!
1. Keep government out of housing. Every new regulation, code or standard that they add increases cost. 2. It is also a sociology problem. We need to stop having so many children. With AI coming, we don't need millions of workers anymore. The entire third world will have absolutely nothing to do in just a matter of a couple decades.
lack of building, immigration rate (legal and illegal) is too high. Too much concentration of jobs, landlord- tenant laws that do not favor the best of both and allows the worst of both to sour the relationship. Not enough high-paying middle class jobs. Too many college students.
Peter: Nobody sent you a copy if the memo? Federal demographers threw the red flags up in 2012. 100,000,000 Americans have been born 1994-2018. The birth rate is 4,000,000/year going forward. The USA desperately requires college trained professionals to provide services until robots can.
Fewer than 34,000,000 were born 1971-1995. 72,000,000 Baby Boomers are retiring at rate of 5,000 to 10,000/day.
The demographic crisis is being hidden by slicing & dicing g the figures into 15 year cohorts.
There are fewer than 34,000,000 American born adults 24 - 49 years old. Dentists, accountants, & teachers are in shorter & shorter supply.
Our landlord is selling our home we have until the end of the month. I hate that im having to put my kids through this stress.
U have until the end of your lease
This is not a solution.
All explanation of the problem and just a few words on a solution...SMH
In most cases, young adults often find most mortgage and rental payments beyond financial means. If so, there are government programs which can be of assistance depending on income. Still, it is important to peruse private and government housing options, as there are some landlords and property management companies whom offer lower rents than others.
It is also important to remain flexible with regards to property type and location. For, while there are some two and three bedroom houses, these are often going for $500 to $1200 per month plus utilities. As such, most are outside the range of low income qualification factors. One good way to get started when looking for affordable rentals is to locate a HUD approved housing agent in the area of interest or by contacting one by phone or email.
Public Housing, often known as Section 8, provides affordable rentals in different areas of the United States for low income families, seniors and individuals with disabilities. In most cases, individuals must file an application through a management office, which is then reviewed by and either approved or rejected by the Section 8 office in the area.
Read More : cordialhome.blogspot.com/2019/05/affordable-housing-for-young-adults-in.html
Have you any idea how overloaded the section 8 program is? Many years. The answers are only simple on the surface, but if you actually look at the programs, you'll see that they're patches on a horribly broken system. It's easy to say that people on the street "don't want to work", "want to be out there", "are criminals/drug addicts/mentally ill" but the reality today is that truly, people can't afford to live in houses because the rents are rising faster than income ever could.
house printers could solve the problem
Give people a UBI and they can live where housing is affordable. ANDREW YANG 2020 for president!
Aaron: Except we currently have 24,000,000 young people between the ages of 18 & 23. Many if their parents will not sign Federal college funding forms, nor co-sign studen loans. Many if the 24,000,000 are not willing to join the military to get food, housing, & education in exchange for a promise to Jill strangers. Many if the entry level jobs now requires mastery of Spanish, & many if the USA born young people only have at most beginning Spanish in 2 years of high school.
@@crusindc5282 many are not capable of joining the armed forces because their bodies have been depleted after the frequent vicious battles and work slavery in childhood, and poisons in the environment and the flawed medical system.
@@aarongwayn5381 Yes, military service is not a suitable choice for many. I don't advocate that. 1 relative lost his leg in the Civil War. Another had two ankles crushed during the Vietnam War era. Our preference is peace.
YANG GANG 2024
Normally, people will move to a place they can make a life/get a job. But for sanctuary states, it is another story.
No matter how much money gov't or anybody pours in, such as UBI, it is just fueling inflation as if the housing market can't provide enough renting houses/apartments meet people's demand. More buildings, fewer people swam in. No other way unless there are limitless buildings for rent. Needless to say, to build any infrastructure is expensive and complicated in the US.
Who owns America? The government? Or you the people? I guess the gov. Does or this would not have happened. This is one of you reap what you sow,Examples. America you allowed these things to happen so stop your whining!!
And of course, a lot of people, their answer is “just get a better job”. Like that’s the easiest thing in the world to do.
not one solution
Yes sound good
whos goin to pay for these rent vouchers they aint going pay them selfs i bet property tax going up pay for homeless?
Or maybe houses that go unused are being used. Witch go to state taxes. Also when someone has a home they create jobs. Through light and gas. There are lots of other ways to solve the problem.
yeah because all human beings don't inherently deserve shelter. or food. and definately not in the richest country on the planet, right? smh... so i assume you are totally willing to step over dead human bodies on the sidewalk as long as your taxes didn't go to feeding or sheltering those dead people. would you object also to your tax dollars going to buring the dead? i keep saying ~dead~ because that's what happens to people who don't have shelter and food- they get ~dead~ from it... i mention it just in case you didn't think your comment through to the part where people ~die~, outside and hungry and dirty cold and hopeless, for all the good taxpayers to have to see. jackazz.
house printers could solve the problem
@Chuck Fern
dave goldfarp
3 hours ago
house printers could solve the problem
@@nonyabizness.original Last time we had this many people living in their vehicles was during the Great Depression. The RUclips channels if Americans living in their vehicles might interest you. Many of the titles include 'tour,' 'conversion,' or 'stealth.'
This is so cheap... what a tourist
If real estate developers and the government really wanted to help the people and the economy, the government would tell the real estate developers that they can no longer sell their homes, their rentals, their apartments or their condos unless they're no longer in business to support the residents but they can continue to build more if they're able to manage the upkeep of their current properties. This would keep the banks and people who are only interested in an investment for a return to stay away and allow the true developers to expand and house the people in need. It would also help to keep prices low and manageable for the developers tenants without the fear of banks or greedy investors raising the price for personal gain. Is this socialism or common sense that should be practiced in any form of governing for the people and by the people? If the government or developers had any morals than this would be standard practice.
Apply causal learning root cause analysis. The answer is not more social programs by any means! Ill touch on a few and again this applies to most not all in these examples.
1. lack of accountability and poor life choices.
2. millions on welfare programs that should not be, literally multi generational.
3. Mental illness.
4. drugs and alcohol.
5. Government taxes and zoning laws.
6. open borders=200,000 a month entering the market needing a place to live driving up demand. "The current net fiscal cost of illegal aliens in the U.S.
is between $84 and $94 billion per year. This means that illegal aliens receive $84 to $94 billion
more in government benefits and services than they pay in total taxes."
The list goes on................but this guy is missing the mark big time. You must stop the bleeding before you can heal the wound.
Crazy ideas...
Heres the problem: socialistic ideas dont work in a free market economy yet there is no financial incentive for landlords to charge affordable rental rates.
lol . Your right, America has been practicing socialism this whole time and its caused this problem.
Then why are they still in the market when there are no incentives?
waste of time ... doesn't propose how to solve the issue
🇺🇸 we can do MUCH better.
Tax the rich.
Tax wealth.
Tax corporations.
Tax religious organizations.
Tax 90% of every dollar OVER $50,000,000 income per year.
🤔
T J You’re right. Now what?
Throw your 🙌 in the air?
I’d rather fight to make them change.
BTW, 90% has been done before.
I’d go much farther.
T J 🙄 I’m suggesting that patriot 🇺🇸 Americans do their civic duty to make the 🇺🇸 great for everyone for once.
I don’t have masters but yes, it is the highest moral good for the oppressed to subvert their masters. Violence is just a tool to that end. 😉
You’d know that if you read up on history.
T J 😱!!! 😉 you should 🤐🤐🤐. Let the adults talk. Clearly you’re not ready, kiddo.
😲 TJ ran away. Looks like his own hypocrisy broke him. 🤣
What a joke !!! A WASTED research n WASTED interview.. After all those long talk, the solution was only 1 sentence at the end. More public housing, more housing voucher.
Are you kidding me, you need a research to come up w that.. So sad how most media and experts dont really care about this issue.
Get government out of the economy, simple.
So more socialism?
Property tax down.
Transparency on fed funds
More jobs etc
Alberto: more Americans living in their vehicles since the Great Depression.
Deport the 20 million illegals and don't renew another 50 million green card/visas and the 70 million ensuing departures will create so many vacancies that rents would plummet not to mention low skill wages would also rise materially.
Steve Taxpayer - You are a fool, and an ignorant fool at that. Do what you suggest, then watch the U.S. economy tank with no one able to pay rent.
@@coolmodelguy6304 No, as far as the 99% is concerned, we can only benefit from a scenario such as Steve describes. Only the 1% and their bootlicks (like you, cool) are vehemently opposed to lowering the rents that CITIZENS pay, and increasing the PAY that citizens receive. Tell us, "cool," why that might be? I'm going to go ahead and guess that you either EMPLOY these illegal "migrants," or you RENT to them (they don't mind paying $1600 for a 2 bedroom, that's only $100 each!).
One day the laws will be changed/enforced, and all such "economic traitors" will be jailed or executed.
Essays for the 99%: Class Warfare
@@coolmodelguy6304 Do you realize how fkn stupid you sound? Ok, your argument is that if we pay 25% LESS rent, and we (the CITIZENS) of this country get paid 25% MORE at our crap jobs, that this will somehow cause the economy to collapse? Literally ROTFLMMFAO! Please, dude.
How about we compromise, cool? We'll get rid of them all, imprison or execute (for treason) all who employ or house them, and then we wait and see what happens? If things begin to crash and burn, (for some odd reason?) then we can always open the floodgates and ship 10 or more unwashed/unvetted migrants to each bootlick's house, starting with cool.
Comment section filled with kool-aid drinking morons . . . . what a waste of human minds.
@@coolmodelguy6304 rent will go down by 30 buck if do it. it been shown that high immigration rate drive up housing. some place it could go down by 200 dollars. the immigration are importing there poverty to us. right now it easier to living Monterrey mexico than it is a lot palaces in the USA.
Another academic who’s goal is to sell a book, rather than have firsthand experience with the true causes of affordable housing. His “research” involves living with the poor for a few days so he could write a book, and his BS solution is for the government to hand out free “discounted housing vouchers”. Where does he think the money will come from?
I thought he would discuss in depth the real reasons behind the crisis like developers not being able to complete projects without going through over regulation and unfriendly business policies. Its got so bad many developers end up ditching projects, so its no wonder there is a shortage. When there is not enough housing, the few developers in the market control the price because there isn’t enough competition to bring the cost down.
THANK YOU! How did you end up not being a Bernie Bros?
It seems there is a few house developers that got a monopoly on the housing market which is probably due to the lack of antitrust laws that's never been enforced on the housing market, sure over regulation of the housing market is not a good thing, but under regulation of the housing market is not good either, there are certain regulations in the housing market that is necessary, for example it's necessary to have house developing / construction inspectors to make sure the houses / apartment complexes are properly build before they go on sale,
These are three ways to fix the housing crisis in the United States,
- Provide well-built public housing for people of lower-income ( aka people in poverty to possibly people that are lower-middle-class ),
- Putting a cap on rent prices / mortgage prices ( in other words a housing development company can not charge more than what the building materials are worth ),
- Breaking up the monopoly that the few house developers have ( basically an antitrust bust ).
how to solve the U.S affordable housing crisis..............make public vagrancy a felony.......and send those bums to labor camps.
house printers could solve the problem
Hey Pinky, how is the weather in Moscow?
I bet you think poverty is criminal also. 👺
@@rigdzindrolma7148 stupid poor mfs need a job
dave goldfarp not always stupid, sometimes just poor...