Researcher explains causes of "shameful" poverty, housing crisis
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- Опубликовано: 23 фев 2019
- The United States is one of the world's wealthiest countries, but also has one of the worst inequality problems. Matthew Desmond, a sociology professor at Princeton University, joins CBSN to discuss what's contributed to this nationwide issue.
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GREED. That is why i am moving out of greedafornia. Aint a housing crises it is a man you charging too much rent crises.
@Ashok Hegde I am ALL for putting a xoncept together and profitring from it as I am starting a home improvement company and as I do so will generate somewhere in the vicinity of 20k to 100k per month which means I WILL be able to afford to live WHEREVER I so choose bur WHENI buy properties in MY city I will not do what la and bay area do. They ABUSE the poor. Pigs get fef hogs get slaughtered. A man who did NOT earn gis properies in the bay area but was given to him in a will roughly 30 units was BRAGGING about overcharging peiple and sayin he was the wealthiest person in his neighborhood. My rwspons was at WHOOSE expense. Do you think if tou properties generate 100k pwr month you could survive on 60k ro 70k per month.
Yes....but it is spilling over to all states....no where to run to and no where to hide...Kansas...Texas....Arizona...Idaho....Montana....Wyoming...even the street i lived on in north Missouri has raised rents 200 a month...for no good reason.
Many People find ultimately that they are paying 95 % of income to housing / utilities literally a check away from homelessness.
Bernie Sanders 2020!!! At least he's talking about this.
David Ellis get a better education
Vague and not remotely true statement. Oh and news flash. Make more money idiots
Oh please Bernie takes private jets everywhere
@@doodlegoose2262 Okay, will you pay for it for me?
Some homeless shelters charge its residents. This is not so much a cost of living issue but a break down of society.
In what state does this take place?
Steven Sanchez, there is a mountain of information on this subject, and the following link is just one example. Pay To Stay - Homeless Beds for Sale - Poverty Insightswww.povertyinsights.org/2010/08/23/pay-to-stay-homeless-beds-for-sale/
@@StevenSanchezWelding in los Angeles some shelters charge 25 dollars a day. I was homeless and when i called a shelter they told me this.
In Oregon, minimum wage has went up from $9.75 to $11.25 and our homeless problem has gone through the roof because Oregon has NEVER had a "Rent Cap" protecting renters from greedy landlords!... I am not exaggerating when I tell you that the average, basic studio's 500sq feet runs $1150+, 1 bedroom 685sq feet runs $1300+, 2 bedroom 850sq feet runs $1650+ and 3 bedrooms 1050sq feet runs $1850+ and this is to live in the poorest, dangerous and most undesirable parts of the Cities in Oregon.
To "Rent" a 2bed 2bath 1000Sq Feet in the heart of Portland Oregon runs $2,800-$4,800!.... That is just INSANE!!!... I have lived here all my life and my heart goes out to so many Co-workers, Family, Friends and neighbors that I watch move away because they simply couldn't afford to live here anymore. Single parent Mothers & Fathers, Ethnicity, Disability/Age, Broken Degrees (People dropping out to help family with finances) and so many more, have played a huge roll in our housing crisis and the struggle to live amongst the rich and higher upper middle class that want nothing to do with these people.
Drugs, alcohol & crime are not what played a factor in what I mentioned above, because all those that I know, were not inflicted with those issues, it was the simple lack of our city planners/politicians and government to fill in the gap and place Rent Caps on the city and help our citizens!... Greedy, wealthy landlords and rich foreigners who have bought up all the properties in many Cities are another reason all these families are being pushed out of their homes!... When housing crisis is turning into a major epidemic in every city across America, something is terribly wrong and everyone knows it!... 😡
There are numerous studios and other places in Portland in the $400-700/mo range:
portland.craigslist.org/search/apa?min_price=300&max_price=700&availabilityMode=0&sale_date=all+dates
@Ashok Hegde Unfortunately, its simply not that easy, let me explain!...
1. Oregon is now set to pass the "First Statewide Rent Control Bill" and our State Governor; Kate Brown, along with our City Mayor, supports the new bill, realizes Oregon has a serious problem and is taking the first steps to addressing the situation and keeping it on the table for additional challenges & issues to be negotiated, implement more laws to protect ALL Oregon citizens!...
2. Its a "Disservice" to any hard working, tax paying, educated, law abiding citizen, who has done nothing but contribute to society and be pushed out of their home, their Neighborhood or worse - forced to move to another city or state, simply because they can no longer afford to stay in their homes due to an unfair system & lack of fair pay wages!... It displaces the entire family and is simply unfair!...
3. The goal is to create, stability, balance, fairness and prevent more people & families from becoming homeles, adding to the crisis we already have. It is also very expensive to relocate yourself or family, when they are already struggling & barely making it from one paycheck to another. Low wages, taxes, inflation, high interest rates, poor city planning, discrimination/ ignorance, are just a few obstacles on the list, that makes "Moving Away" so easy nor a "Service" to the average underpaid worker/disabled/veterans & aging seniors who are mostly on a restricted income!...
I guess until it simply happens to you or to someone you know, love or care about, you may never truly understand how damaging this could be to someone's life and the negative impact it has on EVERYONE once the ripple effect is in full force!....
I hope that answers your question my friend!....
@Ashok Hegde I answered your "2" previous questions, with a decent general response!... Your rebuttal is simply a long drawn out debate, spun into an even larger web of back & forth dialog, that will not help solve the complex issues happening in my state and the entire US!.... As with everyone I have a conversation with, you are entitled to your opinion, I appreciate the feedback because its important to see things from others perspective, beliefs & view!... I am just thankful that our state is taking the time, effort & planning to address our problem, in our state & Cities- Period!.... Enough said!.... ✌
It's because Americans want it that way. Inequality makes them feel superior over them who they deem as "lazy" or from inferior social classes.
They are not superior to others!
They are unfair
Rem Rens thank you 🙏
Exactly
@James Davis But stupidity and ignorance got Trump the presidency.
@@mrsmucha Here's a list which the media keeps hidden from you: First Trump reduced corporate taxes from 35% to 21% which strengthened US stock market and many businesses gave bonuses to employees as a result. Second Trump replaced NAFTA with USMCA which guarantees more cars are made in the USA and more dairy exports are allowed to Canada both of which increase jobs for our USA. Third Trump placed tariffs on China in response to China’s intellectual property theft and abusive trade practices which was stealing from the USA. This is extremely important for inventors and all types of businesses. Fourth Trump stands strong against Russia by imposing new sanctions on Moscow for violating the Intermediate-Range Nuclear Forces Treaty. Fifth Trump passed two executive bills for reducing the costs of medicines and another executive bill which give more options for people who desire to try new experimental medicines which have terminal illnesses.... see links below for details. Sixth Trump is fighting very hard to protect our borders and keep illegal immigrants out of the country. Illegal immigrants increase poverty, homelessness, longer hospital delays and many other expenses on our country. Let me know if you need a link to the problems. Seventh after "17 months" of being our president, Donald Trump achieved and maintains the lowest unemployment rate in 49_years for blacks, women, veterans and other minorities whereas the unemployment rate for blacks actually temporarily got worse during the Obama administration. Eighth within less than 2 years while Trump has been president 4 million people are no longer taking food stamps and Obama also decreased food stamp usage but that same amount was over the course of 4 years. So Trump actions are showing more positive results.
Below I used mostly liberal links and a few neutral links, but keep in mind these are only some of the good accomplishments Trump has provided: www.bls.gov/web/empsit/cpsee_e16.htm
Yep. We're relatively fortunate, to be older and retired. The latest "government shutdown" showed that even supposedly middle-class Federal workers [working for Homeland Security/TSA, Dept of Transportation/Coast Guard, and others] were only 1 or 2 paychecks from real financial problems--in terms of mortgage payments, food security, transportation (even paying for gas to commute to work).
@Ann Linley your parents definitely should never have had you.
Many federal employees have tons of days off and are always on holiday
@@leabush2608 Haha, I wish
Hard work doesn't guarantee you succeed in this system.
@Sudhir Kakar Many poor do work hard. Have you ever been to upstate New York? I'd guarantee you'd have a change of mind.
A lifetime of resession. He said.
I can totally relate to this at 53 years of age.
As a Blue collar tradesman it's been feast and famin as long as I can remember.
The blue collar tradesman is doing a lot better than the liberal arts degree millennial
I agree, I'm 57, forcibly retired due to a broken back. And I'm barely scrapping by.
Gas Axe.
I'm old enough to remember 1 income families being middle class. Now with 4 combined jobs, it is near impossible to keep up with inflation.
Something has to change.🌼
@@daisyelmir1289 Times have changed one income is not enough - women went to work in droves and the government and economy responded. Feminism killed that one income lifestyle for America. Just plain facts.
@@bryantanthonyjr94
Sure...inflation and recessions have nothing to do with it, right?
C'mon, people are smarter than that. 🌼
Rich people need loyal slaves that work their whole life trying to achieve the american dream. They hear wealth equality and laugh. Then throw their money in political pockets to keep it that way.
Ann Linley Yup like 90% of millionaires started off with nothing , people are ignorant of the facts when they want everything for no work
It's poor people who need the rich most , not the other way round ..... but whatever makes you sleep better .
Big Red, you're so full of it wealth charts show how wealth has accumulated into the top 1% over the past 20+ years individual results do NOT reflect the overall economy.
@Ann Linley This just works for the 1%ers . Are you talking about Trump or the Koch Brothers who inherited their wealth?
@@BigRed2 The self made millionaires were lucky. What they offered people wanted and also they didn't have health problems or severe diseases. For every millionaire there are 10 people who failed.
I just learned the other day that 1% of the world has about %80 of all the income in the world. Talk about social income inequality 😫
Get over it. Even people at the lower end of the economic spectrum have more wealth than they did previously and they have access to more inexpensive goods and products that 50 years ago would be considered luxuries.
@@108nighthawk one doesn't change the facts of the other.
@@katiekane5247 Another fact: people are not equal and the government is not supposed to make people equal.
Let’s give lots of money to homeless who hate working.
1% of the world came out with your computer and google and youtube and everything that you use in your daily life so yes they deserve their money.
The fix to this is decentralization of food, housing, medicine,
People don’t understand that the system we are living in is the most unnatural thing probably in history. But it’s all we know so it’s seems normal.
We are literally paying to eat, paying to lay your head down at night, paying to live. You work all year just to have a one, two week vacay, then back to work.
You pay an arm and a leg to get a “college education” just so you can be on par with the other 10000s of workers and hope you get a job.
They got us PAYING TO WORK!
Even in death you pay, they got families taking out loans just to bury their dead. Even in death your debt haunts you, it just goes down the line to your children.
You buy a house but you don’t own it , you buy a car but you don’t own it.
People don’t even have enough time to spend with their families, their own children.
And you think this is Normal??
This is the FURTHEST THING from the way man was meant to live on this earth. Farming the land, working the land with your own two hands.
Growing your OWN FOOD, it will rock your world, the difference between REAL organically grown food, compared to the GMO slop they feed the public, it is night and day. But that’s what happens when a handful of companies produce food for MILLIONS of people.
Did you know the govt did a study that showed that If the power went out in America and stayed out, around 90% of Americans would die within the first 3 months, simply because we have absolutely no clue how to live on our own.
This is unnatural, unhealthy, and unsustainable.
Paying to live...... yeah that’s life😂🤣 It’s all over the world. Go live in the woods bear grylls
PREACH
Many of the people living in poverty are the people who choose to have baby after baby with no way to care for them. The boys/men get them pregnant and leave. The break down of the FAMILY is a huge factor in this. In addition, many of them are on drugs, or simply don’t want to work, and they live off the system. Now, with the work requirements, these women get part time jobs so they can still keep their benefits. Plus, we keep allowing more illegals to come in who allow businesses to keep wages down. That said, We DON’T make enough money. Even at $15/hour, unless too people work, it’s hard to support a family.
@@Callimo - Welcome to capitalism!
@Yahwo - Welcome to capitalism.
I'm from the bay area . Even with a $30 an hour job you're still poor here .
simple. Move. Thats what everyone else is doing....
@@alexanderordinary2110 wow thx, thats really helpful.
@@ajx9747 yur welcome
@@alexanderordinary2110 To where? The rural midwest?
@@Jkid4 or the urban midwest.....
Even if you can afford a home there's property taxes, insurance, I cant even keep up with appliances breaking and constant upkeep. Everything requires a permit and car upkeep has gotten much more expensive. I want to rent the house out and try staying in a van to save money again. I have nothing for a rainy day and I'm aging quickly, I'm always stressed.. like he said my wage hasn't gone up in 20 years.
Because you messed up somewhere in life is why you are struggling
Only way you get wage increases anymore is to change companies. I look for better job titles and wages ever 3 years.
slofool Do you think as long as you work for a company they should give you a raise every year ?
@@BigRed2 No, you should get a raise if you do well or long term employee should get a cost of living increase. That doesn't happen anymore. Plus with ever company i start at i have to work with something new, that's more experience to add to my resume.
sell your house
For those who keep saying education, education, education: STOP IT! I have two degrees under my belt as well as two certifications for medical (coding and medical assistant) and it still doesn't really get me far. I'm 28 with NO kids and have a hard time barely keeping myself aflot. The point of the matter is, we are working for nothing when they demand so much. I have friends who have a master degree and still have a hard time finding work in their major. The system was designed for us to fail, and those who aren't at the very very bottom; probably just feel like they are in quick sand all the time due to how much they struggle to barely keep their head above ground.
I know homeless who have bachelor degrees but can't even get a job it's the system
Yes but in that same system I have no degrees and I have made 20k investing the three last months. College is a losing game. Money is the only thing you need and yet nobody teaches you financial knowledge. The just say go to school, get a diploma and get a job. The fact is that the richest people in this world are all dropouts. And raising the minimum wage is not going to change anything because the prices will increase, more people will be fired and all the people with little to no experience won't get a job in the first place. Politicians always talk about raising the minimum wage and illiterate people vote for them. Look at what happened in Seattle.
@@karlalan3806 most of these dropouts went to the best colleges in the world though... so they were able to find the best talents through networking and diversity the talent that was required to be successful. These are ivy league dropouts meaning they were superior in regards to academics compared to the rest of the population.
@@henrytep8884 so that's your answer? " Those people are smarter than me".
Yep. I’ve seen automation in McDonald’s. No need to even talk to a cashier to place my order.
"The homeless did it to themselves," people say. Blaming the victim is the national pastime in America..
Most people in poverty are there because of decisions they made in life. It mostly has to do with a lack of education (their choice) and having children out of wedlock before they can afford a child (their fault).
James Russell It’s hilarious how people think homeless people did nothing wrong, my dad is homeless in SoCal and never paid child support and owes my mom like $200k , when i got out of the army in 2013 i went to see if i could motivate him and hung around him and a bunch of other homeless bums for about a year and they are all losers who are addicted to alcohol or drugs or like my dad just lazy who is a religious nut against the gov, they don’t want to work when they can bum money from people and do what they want . Don’t feel sorry for these people and only do so for the kids if they have any
Kake No we should blame Republicans it’s their fault lol
@Tom Joad Funny the working poor don't see themselves as temporarily not homeless.
@Tom Joad People can be stupid in general, that does not mean we must take irrational and illogical measures to make people feel better.
People always have a problem coping with earthly cravings like lust, envy and greed. I am not of the mind that we should give in to those cravings.
Min wage being bumped won't help, regulating monopolies may
Vote for Bernie Sanders!!!
Minimum wage has to be equal to a living wage: we have a millionaire, billionaire and trillionaire class who stole their wealth from the working class by chocking their wages...for decades...
Increasing/decreasing min wage is inherently a short term solution, as the market always adjusts over time to the shifts in purchasing power of consumers.
@henry ortiz You idiot people do work but have nothing to show for because of greed!
How many homes or shelters would trumps 7 plus "Billion" $'s buy?
Just curious as to how a wall that will not work is more important that cold starving children?
Far more important because the Federal Government was created from the very beginning to serve as a vehicle for protection on a national level.
It was only a recent invention of making it a tool to help the destitute. It failed at that. By the way.
Alan Hirschenhofer II
Depends on who is building them? If the government builds them 7 billion would do maybe a couple of housing tracks.
Government spends 2.6 million on a single four stall public bathroom in the park sooooo?
If walls didn't work you wouldn't have walls in your house. How many homes or shelters did Bernie Sanders or all the leftist politicians bough together? Unemployment is at it's lowest point right now. When you have little to no illegal immigration, companies hire the people who are in the country paying taxes and are obligated to raise the wages when they can't give $5-$6 to people. This is how walls work Alan. Those 'cold starving children" are there because their parents decided that instead of going to the embassy they would just cross the border illegally. Logic is better than feelings my friend
@@karlalan3806 "walls in house" is an example of where thinking by analogy fails. Go from first principles if you want to reason about new things
@@TheHellogs4444 oh ok how about gated communities? How about the fact that most people who come illegally are not here for work but for the benefits. I have seen people who have been for 20 years and just speak Spanish. I know you have seen people like that. In the past when the Irish and the Italian came, sure there were a lot of them but a lot of them went back home because they couldn't survive. But now there is free money. Think about that. Immigration is normal, but you won't let just everybody enter a country because it ends up affecting people like you. The people who are bitching about minimum wage for example. Where do you think the money comes? Why do you think wages should increase if there are low skilled workers. The thing is that walls work, they keep people from entering. Go read about the war of Troy.
There's no rent control. They charge whatever they want.
No. Rent is based on the supply of homes, there's a shortage of homes in America. Not enough homes too many people. So prices go up, if we had more housing prices would go down
That's it's not they charge whatever they want. The cost is tied to supply and demand.
Good. That is how a business should work. You are not entitled to housing.
Land owners must often deal with "open space" laws, preventing them from developing their properties into rental units, causing a decline in rental vacancy rates, artificially inflating monthly rents.
@henry ortiz I guess all the people you hang out with don't work including yourself since you got alot of time to comment all over here. I went to school and worked 3 jobs and still couldn't afford a studio in California so i lived in my car. Now i live with a wealthy family rent free i just help for an hour a day and work only one job and for the first time in my life i don't feel sick. I guess that's what the elite wants us to work ourselves to death and take our money when we die. But everyone i know works but sometimes people think it's not worth working to death to make someone else rich.
need to raise the minimum wage. People Can't Afford RENT. With 7.35 or 7.50 . People Working TWO JOBS STILL CANT AFFORD RENT AND BILLS. THINK ABOUT THAT.
Charlette Williams : Could it be that if you're working a $7.50 job, it could be connected to your education level ?
@@garycampbell1076 No. Wht would you say that. I live in Louisiana. It's Been this Way For Years. I Make 1,700 A Month. And it's Sill Hard.
@@garycampbell1076
Could it be that you don't live in the U.S.A?
Unfortunately, this is our reality. You cannot spend 70% of your income on housing. It's simply not sustainable.
@@charlettewilliams736 : I beg to differ you on that. I was a middle school teacher ( retired now ) and I made $5000 / mo. But, I had a masters degree in education. The job possibilities are connected to education level.
raising minimum wage isn't the solution its dealing with the greed the illegal influx and lack of housing even because of the problems. When ppl on say section 8 as an example good program n theory but its abused by both the ppl using it and the ppl that they rent from exploiting the state for a lil more $$ n over time rents go up or illigals can fill affordable housing living 1 legal and 10 illigals to a unit. It simply allows the owners to be able to raise n raise the renters housing market and now after the last decade n a half were seeing 2k+ a month n alotta areas specially n liberal states like cali ma and ny. A blue collar worker wether ur making 7.25 an hr or 15-20 an hr is hard pressed to afford these apartments anymore. Nvm any necessities on top of there rents. N thats the sad truth. And god forbid your by yourself and have no spouse or friends to bunk with scraping by is starting not to even be a things its forcing hard workers to either work 70-80 hr work weeks or become homeless. And in these same areas in some of em in some form or another like example living in a car being homeless is now a crime. Things need to be addressed and acted on instead of just talked about. Talk is cheap need real solutions to these problems.
This is shameful. Although important, how we view ourselves as a country shouldn't just be measured by things like our stock market, our GDP or the size of our military. It should also be determined by the quality of life of all of our citizens and what we do for those of us who are struggling.
Norman Oro there is the human development index. But I don’t think America likes to use the HDI to measure economy. Probably because they don’t look as good as using GDP.
Sherry Pickles Although we do ok on overall HDI, if it were a priority, we could do even better. Another metric to look at is probably the Gini coefficient, but this might make people nervous because it implies taking away money from certain groups. Ideally, I think you improve income inequality by making the less-well-off better off through education, training and good high-paying jobs (rather than relying solely on taxing the rich and redistributing their wealth).
@Norman Oro: And . . . the best thing you can do for people who are struggling is to keep them from struggling in the first place. You do that by encouraging them to follow two simple rules: (1) finish high school (we already offer that for free in this country); (2) don't have children outside of marriage (we already offer tons of free contraceptives in this country). 90% of people in poverty fail to follow those 2 rules . . .
@@normanoro206 Check all the cities with the highest taxes and highest percentage of homeless and it shows they have been controlled by democrats for many years. The democrat party of today wants more poor immigrants and more socialism which they plan to pay with higher taxes for everyone. Our country already is having long hospital delays, water shortages, financial problems and a growing poverty yet they want more poor immigrants??? That's like trying to fix the mold in your walls by spraying water on it.
The economy is not booming. Wall Street is booming, not the economy. Rich people have too much power. Tax em.
The rich are taxed, it's the deductions that reduce or eliminate the amount of tax they pay. If deductions were eliminated and everyone pay a flat rate tax... then all would be fair to all.
I agree. The deductions and loopholes need to be closed. No disagreements here, we need a tax bill that’s truly progressive.
Tax them will equal to tax us, just stop the damn tax and maybe we can grow. Payroll tax is the biggest problem were employers doesn’t want to hire full time as they have to pay government extra tax just to hire you!
But we are growing. The economy is strong. We just passed a tax bill that cut taxes and yet people are not doing well. What we saw is big corporations buyback their own stocks and there was no hiring boom or any real benefit to average workers. Your proposal confuses me, please explain. I truly want to understand.
The rich (starting with the billionaires) are the one's who should fund homeless services.
My landlord company tried to evict my family over my service dogs breed. Thankful to HUD it didn't happen.
What breed?
We've got to stand up.
Yes the whole nation needs to protest they need to stop being scared
Spend wisely all you want when the price of rent rises, the price e of food rises and most other goods and services rise but wage and salaries don't increase how do you manage?
We retired in Belize last year for economic reasons and quality of life!
then why are you watching this?
This happens in every city in America. We know that. What is the solution?
No solution. It's going to get worse.
henry ortiz - Well now henry, you obviously don't have a real job, since you get such a kick out of harassing concerned citizens. Feel good in Moscow these days?
Lisa Burton - The solution is that we have to change our public policy. This comes through our vote and changing this entrenched bureaucracy will take studied voting by concerned citizens over a period that could last decades.
Too many are like I was just a few years ago, getting my news and information from mainstream media and deeming myself to be knowledgeable. After almost three years of digging and research into our economy, I have found that we are being fed a steady stream of rubbish . . . or as they used to call it when Joseph Goebbels did the same with the Germans during and prior to WW2, propaganda.
Here in California District 10, we voted out the corrupt republican Jeff Denham and replaced him with the centrist democrat Josh Harder. My wife and I just went to see him at a town hall last Friday. While he seems to be an earnest young man, whose great merit was he took no corporate PAC money to fund his campaign, seeing and hearing him talk has convinced me that we are only incrementally better off. His vote to adopt Nancy Pelosi's "paygo rule" at the beginning of his term ruined his reputation. Better him than the previous republican, yet we voters need to do better.
We will be voting for Bernie Sanders in 2020, if not him then Elizabeth Warren. If those choices are eliminated, I will vote third party. My wife does not agree with me about voting third party because she fears another Trump term, but we have to make a stand. Trump has really highlighted how bad things have gotten, in a way that Clinton would not . . . this is the only saving grace of the Trump regime. More people have opened their eyes, but it might get worse if people don't vote for a pronounced public policy change.
@henry ortiz I have a career. Have a seat.
Self improvement. Make smarter choices in life and stop expecting so much of others. You are entitled to nothing.
greed
Stupidity
If America wasn’t so torn up, the problems would be solve faster.
America isn't torn up. It's overpowered by greedy rich people that control the sick politicians.
Le Jack That too.
I think the rich is dividing us further so that we don’t unite against their greed.
Many People are opposed to taxing 10 billionth dollar at 70% even though 99.9% of people don’t make that much money ever in their life
A Ng That and people are too busy fighting over politics and be complete imbeciles to do anything.
Corporations and wealthy elites are not paying their fair share for social services, which must be expanded due to the changing nature of economy and technology.
@mary sunshine But many economists and analyst do have a plan. Have you heard about high-frequency speculation tax on wall street? Estate tax? Does closing tax havens sound like a right step? The US could stop spending so much on military defense and allocate toward more social services as well.
What are you even talking about really? Our tax system is broken and millions of crooks make a profit (tax-free) then keep the assets overseas after they exploit all the benefits which taxpayers mostly pay for God damn it!!
@Ashok Hegde There is nothing a society can do good, when it is filled with evil people like you. You are fighting to enslave the human race and spread misery around the globe. No objections to killing the poor to pay the rich. No issues giving trillions to the rich, but become enraged at the idea of feeding the poor. Evil is what molds your ideas.
@Ashok Hegde "No one 'gives' money to the rich. "
The government does as does the FED. Billionaires get all the socialism they want.
They were given $29 Trillion in bailout money after the sub prime crash. They gamble for a living. They keep the profit when they win, but if they lose the lotto, then the poor and middle class need to pay for their poor choices. They used that $29 trillion to buy massive amounts of property and jack up rents, causing the affordable housing crisis. The rich are getting negative interest rates in Europe.
Amazon paid zero in taxes, and gets a check for $290 million. Every war we are in is about profiting the rich. These are all hand outs to billionaires.
"They earn it."
No rich person earns their money, just as when the government raises taxes, they are not 'earning' more. The rich get money by taxing, just like government. Government taxes wages, while the rich tax labor.
"handing out free stuff to the poor only makes them weak"
You would rather them eat the rich and middle class? Working doesn't put a roof over the head and food on the table, but not working makes the rich billions.
"We have a severe problem with basic responsibility"
Yes, as the rich take no responsibility for the misery that they cause.
"too many poor people pop out kids and get stuck in poverty for their entire lives. "
Birth rates are dropping like a rock, and are below replacement rates. Having kids in America is not affordable for half of the country. The magic of capitalism is that it makes the richest country on earth, too poor to reproduce.
So all those that cook for you, wait on you, ring up your orders, and serve you, deserve to have their genetic footprint wiped from the face of the earth?
That is how you view your fellow man?
That is your argument.
@Ashok Hegde "You wage is based on the scarcity"
Wages are set by the company. There are few market forces involved. An employer decides what the pay is and if he doesn't fill the position then it stays empty. An employee isn't in the position to negotiate. That is the entire reason unions were created
"If your wage is so low that you can barely afford your essentials, while you share rent, then by no means are you competent enough to parent."
You are describing 164.5 million, of the 329 million Americans, as incompetent, because of their vocations.
"We want less than replacements rates."
Not a typical racist republican, I see. Libertarian?
"f the US indeed suffers a shortage of unskilled labor, then and only then will real wages rise."
pay doesn't rise with shortage, unless the shortage is abrupt and catastrophic, like with a strike.
"The truth is, we have too much labor on the planet. We have no use for at least a third of the population"
Soon there will be no need for 100% of the population. AI will replace most high paying jobs jobs in a lot shorter time than people think. The singular idea of using GPU's got us to this point in just a few years.
The problem is the game, that has people as just resources getting nearly free labor. The last people standing are not people with any skills, just the ones who were in charge and decided that only they had value.
"Just let market forces work, and you won’t see such price inflation"
Markets don't work much with capitalism. Capital buys up the properties and sets rents high. Capital has no real pressing need to fill those units. It's an asset on the books they can borrow against, and the losses are a deduction from their tax liabilities. A corporation can loose billions a quarter for many years without issue.
That is the magic of capital, and why markets don't matter to capital.
Too big for markets, is a thing.
The investors are not competing against each other, rather, together against the renters.
"Govt employees can’t keep up with the brainpower to top tier banking brainpower."
That is true, and why they offer percentages of fines to professional whistle blowers that make cases for them.
"Get govt out of housing and no more housing crashes."
They were pushing home buying by giving out NINA loans, used by house flippers. When the interest rate reset they all went into default. That created the crash, and that was the basis to get the bailout that let them buy up all the foreclosed homes in a crashed housing market. More top tier banking brainpower.
@Ashok Hegde " When you are unskilled and broke, you cannot have a kid."
43% of U.S. households can't afford a monthly budget that includes housing, food, child care, health care, transportation and a cell phone.
Skilled and married people can't afford children when they are at the lowest risk for birth defects. There are Doctors who can't afford children, because of student debt on top of malpractice insurance. There are married doctors living in their parents basements.
Is the goal of capitalism to spread misery and poverty? That is what it is doing, so you can talk about markets all you want, but stepping back is required.
Igorance and weakness of the people has led to this.. ( and their fear of socialism )
nelson 100 or we paid attention in history
Many have misplaced ideas about what socialism is exactly.....thinking it is communism. No, it isn't. In broad strokes and for decades, our country has been a combination of capitalism, (from large to small businesses) and socialism (government programs such as the VA, Medicaid, Social Security. Certain entities are better suited to be run privately, others by local, state or the federal government.
Socialism hasn't worked everywhere. And before you talk about Sweden, they have a capitalist economy.
@@gloriaboone Socialism works well in a little group of people like a church but not in a country. When you see the people and you have contacts with them, you are more prone to share with them but why would I pay more taxes just so you can get my money,. I don't know you.
Socialism does work in small groups, but huge programs need the resources of a big organization. You don't manage SS, VA, etc, in smaller groups like a church, (even though, like the large Catholic church----it could never run Medicare)and there is no way all of our voluntary charities could ever handle these big entitlements. They don't have the peope or the money or organizations. And Medicare, for as big as it is has the lowest administrative costs overall. BUT, I agree....our system of capialism and socialism work well together. Communism never did or could.
But, I'd never begrudge you {that since I earned good money, paid the highest taxes, got well-off because of my work and our system) the needed hip replacement, cancer treatment, or long-term expensive medical treatment, because I don't know you. If everyone felt that way we'd really be a poor, unhappy country.
In 1990 I moved out of my parents home and rented a place of my own, a really small two bedroom home in the country. I paid $210 a month, water and sewer included. I lived there for 5 years without a single increase in rent. Life forced a change and I moved across the country for my job. Last year I came back home and wondered if that little house was still being rented out. Found that indeed it was, and upon inquiring with the new owners I found out they were now charging $1200 a month for rent and my jaw hit the floor.
adjusted for inflation the rent for last year should have been 410, I could even see as reasonably high as 600 max, though without knowing regional changes such as population growth it is difficult to say what the rent should be
Even in the frozen north of Maine rents are going through the roof. $1200 for two bedroom apartments and heating costs are killer up there. It's so rural up there there, most hospitals don't have a single MD. It's all osteopathic(bone treatment) physicians.
I grew up in an economically depressed city and you could rent a large 4 bedroom house for $700 in an OK neighborhood. It's still economically depressed, but it costs $1,200 for a studio apartment now and $2,800 for a 3 bedroom. Houses were going for $50k when I was young, and some are going for $375,000 now. LLC's are in here buying up all the properties paying whatever and jacking up rents. Plywood apartment buildings are going up and being covered in brick veneer. They are renting for $2,800 and look like they will fall down in a stiff wind.
I think many areas of the economy are inflated a bit due to people borrowing $. I wonder what home values, spending and lifestyles would be like if people had not started using credit cards instead of cash. It’s a lot easier for some to spend more when it’s plastic
Implement a second bill of rights! Housing is a right!
He kept complaining that the problem is that people are getting evicted or housing is too expensive, but he just skims over why housing prices are at a certain level. For example, I have a housing property that serves a low income area and the rates are kept inflated mainly due to the government's involvement, in that there are a large amount of people living in properties they could not afford otherwise without the government covering part/all of their rent each month. This means that the supply of tenants who can accept a higher price point has been artificially inflated; and if this is the case then why would property owners ever lower their rental rates when the government is ensuring that they have no need to put forth a lower price to keep their buildings filled?
This is just one of many issues that can be addressed to solve housing issues for the masses, as others like income disparity are important, but it is one that I have seen continuously ignored in discussions on this topic.
in San Frisco, There are overzealous laws that prevent developers from building new housing. one of the reason there are mass homeless problems is there is not enough housing inventory, as a result, the homes cost way to much. To bring down the cost of homes you have to build more places to live.
It’s a spiritual problem 2 chronicles 7:14. Psalm 33:12, etc. Deuteronomy 28,&30:19. Character integrity necessary for whole population n biblical morality lifestyle regardless
Hardcore Absolute Fact: US cities NEED on an epic scale millions of " single" unit self contained apartments!!!!! Under $400/Month!!!!
This is why America should focus of Americans first.
Yes and hire the wealthy to do it! They will take care of Americans!
I think this is becoming an issue because less and less Americans are able to buys homes and they’re forced to rent. A mortgage rate usually doesn’t change if you’re responsible but rent can.
Everyone has a RIGHT to a car, four children, college, health care, and a 4 bedroom house on minimum wage!
This country never really was great
Perhaps for some. For others, like the people who founded it and those that came over and played smart, it has been the single source of the greatest level of economic improvement and expansion in history. It has not been good for the stupid and economically illiterate. But why should any system work for people like that?
@@108nighthawk It hasnt worked for stupid, economically illiterate or nonwhite people. I have a degree in economics, and its disgusting how racially discriminatory this system is in its current form.
J R it’s sad but true but I think you’re right???
@@108nighthawk "it has been the single source of the greatest level of economic improvement and expansion in history". The U.S.?! Not even close. China. BY FAR.
It's the greatest country ever. No country is perfect. But America has been the greatest catalyst for human progress the world has ever seen.
If people didn't keep trying to live above their means, this would be a much, much smaller problem. When times are good and you're making money, you should save some of it (beyond saving for retirement) to handle emergencies. Instead, most people buy new cars, go on vacations, and buy more clothes and toys to take up all the income they're making, and then borrow more on credit cards. And then, how many thousands of people have children when they can barely afford to support themselves?
Live simply so others can simply live.
The Bush and Trump tax cuts are great, aren't they?
NO! Just a shift of huge transfers of the money from poorer to the very, very rich.
I'm middle class with kids. Got to keep more of my money and got more of a return due to the child income tax credit. So yeah, there were great!
The minimum wage should be raised. Short term may not seem so great, but as bigger mega companies are pouring more money into their employees pockets, that will spur long term growth leading to more jobs and newer businesses having some chance to survive. More opportunity
Hardcore Absolute Fact: Wages are far too low and cost of living far to high! Millionaires and up MUST be forced to alleviate suffrage of poor people and make life more EQUITABLE (low rent housing based on minimum wages, lower prices on goods/services that are need based, etc)!
I love the language people use to sugar coat sh!t. “Some people are discriminated against because of their credit” I think you mean, because they have a history of not paying their bills.
People get sick and can't afford their bills sometimes or the bread winner dies ect.
Miss Kitty absolutely. I’m not saying it’s always because negligence or lack of responsibility. Sometimes people fall on hard times for reasons outside of their control. But the fact still remains that a person who gets sick and can’t work, or a family that loses it’s bread winner are less capable of paying their bills and therefore should probably not be given a mortgage.
I don't know what the solution is, but we really need to address the problem of homelessness. As one who has been homeless, I can tell you it's often a matter of bad luck hitting you at a bad time. It isn't that we're lazy or drugged. It's that like most people we're only a paycheck or two away from disaster.
If you keep your costs down and don't live beyond your means you won't get evicted.
Read the book "The creature from Jekyll island" by Dr. G. Edward Griffin
Don't waste your time with fiction.
@@demonorse dude it's not fiction. Read the damn book. It is chalk full of credible references.
Get rid of stupid building regulations which halt building apartment buildings. We need an abundance of housing. Scarcity is what causes high prices.
We are covering the same topic with the same book at my Uni in CA.😂😂😂
"One in every five children in the US live in poverty" "That's terrible for the richest country in the world"
It sucks that there's so many kids but I'm 40 and I decided not to have kids. Why do I have to keep paying for people who popped out 3-5 kids and can't make their bills?
Well researched author 👏🏾👏🏾👏🏾
he didn't address the vicious cycle of single motherhood, babies having babies, culture that promote sex, yet no responsibility. Where are the fathers of these kids? Didn't address medicaid pays for mother to take care of babies without fathers, but not enough for the family. Didn't address the culture of not living below your means. Always look at the flip side of the coin.
Sad situation everywhere we go wages are not compensated for the rent cost and living cost. Wake up people I know people that does have jobs to go to and don't do drugs and is homeless...
Columbus, Ohio has an extreme shortage of 1 bedroom/1 bath safe/clean/temperature controlled apartments under $450/Month ( on the non livable wages of poverty that are paid out by greedy businesses ). No livable wages means we need low income housing only!!!!!!!!
@Sudhir Kakar Wow, that's a heartless comment. Hopefully you never end up on the streets. The Catholic Church will pray for you.
Minimum wages are just one part. Larger cities have been converting single room occupancy buildings to condos or apartments (if they're not torn down). This is where low income folks could always find a place to live. Until this aspect of the problem is rectified, there will continue to be a growing homeless population.
Did anyone else catch the guy in the USC t-shirt riding his bike past the moving van at 4:20?
The land of opportunity smh what a shame
Today with all the self-gratification that people extoll we collectively are living hand to mouth. This is a systemic issue and only one issue in an ever full basket of issues that need addressing. Thank you for adding your work to the conversation. I hope real action will manafest from this awareness of the issue so that we may experience a better reality in this life.
5:07-i was residentially challanged for 10yrs, if people had jobs or could keep jobs (getting paid on friday and not showing up on monday) they didnt last long being homeless. but if they were mental cases alcoholics or drug abusers (all illegal drugs or prescrips that arent urs or taken more then prescribed is abuse) it would take years if not decades to get off the streets, or die
There was a study out of UCLA anderson school of economics that showed around 50% of the housing costs in California are directly linked to government regulation. The cost to build a home is: cost of land + cost of the structure + cost of permits/regulation approval. The cost of the land is also influenced by regulation. When you adjust for all the factors. 50% of the housing cost is directly linked to regulation. For example, in California large portions of the state are off limits to construction due to environmental protections. In other parts of California there are laws which restrict how big of a home you can build on the land. While other parts require extensive costs for environmental studies, traffic studies and noise studies. All of this adds to the cost of building new homes. So ultimately what happens is people get priced out. A certain portion of the population will basically be required to live in their car/on the streets because there is simply not enough actual bedrooms to house everyone. Even providing housing vouchers and assistance will not solve the problem because rents will push up higher and force a different set of people on to the streets.
Once I've been in NYC and one day in the subway a teenager asked for help just after apologising for having ""only"" two jobs he said... and being homeless.
Shame to the politicians and wealthy people who make poor people feel that it's their fault.
and everyone laughed at Mr The rent is too damn high!
As long as unfit parents can have children and it is not considered a crime against the starving neglected and abused children, we will always have plenty of poor people. It will never end until we respect a child’s right to good parents, and realize it is a crime for unprepared people to make new humans they cannot care for.
I’m living out in my car. Right now, 3/5/19; 5:55pm, just park at the Winco parking lot, will get some sleep and go to my work at 10:30pm till morning. I’m just fine! Doing this to paid off my debt and be debt free for the rest of my life.
How could this conversation about the homeless not mention drug addiction and mental illness?
Honestly I think this is the number one crisis in America right now. Its destroying, defacing, humiliating,embarrassing everyday normal class citizens. Its is a huge problem here in Florida.
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.
How many of those homes are sitting empty because people want too much for rent?
It's sick to see homeless people on our streets KNOWING there are empty homes just sitting. Greed has ruined this country and what you see is the cancer of greed.
I used to do field market research surveys in the 90s so I got to ask nosey questions (demographics). House rent in Oxnard, Ca with nightly gunshots outside, mainly Hispanic neighborhood, was $1250 a month. 10 miles away in Ventura, Calif., rent for a house in a safe, mainly white neighborhood with good schools was aprox $850-1250.
Of course, now rents for those cities have tripled.
I'm probably going to retire to the streets so I can afford my needs.
Get a RV to sleep safe.
The worst inequality problem.
here in my town with no income you can get an apartment for like 10 bucks a month. House rent 300-500. No homeless here
A higher wage wont help if rent keeps going up & that's ANYWHERE IN AMERICA. RENT CONTROL IS NEEDED NOT HIGHER WAGES
@Dragon1717 because the wages doest match the rent. Rent use to match wages but rent KEPT GOING UP. RENT ACROSS AMERICA NEEDS TO BE LOWERED BY 20-35% . Legislations has to be past to stop inflation of property taxes.
Need a living wage. It is much cheaper. It provides better health, and so would more than pay or itself. Also crime rates would fall.
Raising min wage doesn't help if the cost of living rises with it... Rent increases, food price increase...
There is a point at which people need to step out and finally speak out..in no time we will be looking back on this time as being when the tipping point was passed over!
It's really bad here in Hawaii.
So I’ve been helping my mom with her bills because she is now working a minimum wage job after health issues. Even if you are working 60hrs a week, you don’t see 2k a month on minimum wage. 60hrs is a lot of hours. There is not much else you can do in a day besides work and sleep if you are working 40+ hrs. No chance of betterment really. You just scrape by. It’s ridiculous. More than half a pay check goes to rent alone...
What about local laws: zoning regulations, and things like rent control. Don't those distort market factors and help make rent higher, even in the so-called less-desirable neighborhoods? Just askin'.
Great Depression "Hoovervilles today Trumptowns . What's it gonna take for more humane concentrated homeless help? 50% of the population living in Trumptowns?
America has a 22 trillion debt. How does that make America the wealthiest country in the world.
The bottom 90%(poor + middle class + lower rich class) in the USA have $44.4 trillion in things they could sell.
The top 10% have $103.6 trillion in things they can sell. In fact the top 0.1%(325,000 Americans) have more than the bottom 80%(260,000,000 Americans).
This is the richest country on earth, but the rich people have almost all of it.
img.huffingtonpost.com/asset/5ce81191240000f7107f293e.png.cf.jpg
80% percent of Americans live pay check to pay check.
People who think they can reasonably condense multi-faceted issues into primarily a single cause do a great disservice to accurate human intelligence. Ignoring other aspects of context negates the fact that many issues are a critical mass of collectively sufficient contributing factors and how most systemic problems derive of inefficiencies in cultural phenomenon.
Why no comment on government restricting building through codes, zoning, city fees; the real reason for the supply crunch and allowing rents to increase at outpaced rates. Blows me away how they completely ignore that issue.
Ok, follow me here:
It is not possible for everybody to not be poor. That is, if all the poor there were went to college and applied for middle class jobs, there would be far from enough middle class jobs for them.
So poverty is baked into the system.
Second: if all those low-wage workers disappeared, there'd be a whole lot of businesses that would go under.
So we see that poor people are inevitable and needed by the system.
How do we justify making their lives this awful?
"A life of recession like conditions"
WHY? WHY?. . . CORRUPTION!
2/5 kids live in poverty...
I was going to move to cali from fla but due to the cost of living is ridiculous in cali
This is why I'm voting for Bernie! 🇺🇲🙋🏾♀️✊🏾♥️
This is why it baffles me when they say is heaven here, there are poor countries out there. But they have a roof over their head
Don't evict senior citizens and poor people because they can't afford their property tax bills.
Greed!!!!
If u want to live comfortably in n. Jersey with 3 kids, as a single mom, u need an annual income of over $250,000.
@Brian Varano Maybe if you had 4 seasons and your neighbors were all doctors, you would understand. It's actually cheaper to live in NYC than Northern Jersey!
You should not be living comfortably as a single parent. The government needs to stop making it so easy to be a broken family. I do not want to pay for the whorishness and lack of morality of others who are too stupid to wait until they arr married to have children.
@@108nighthawk so what if she is widowed?
@@katiekane5247 Charity, Family, Religious institution... all are way for people in need to get support without demanding it of my taxes.
But I will not that people like widows are who those programs were intended for, not women who simply lack the integrity or moral fiber to marry the father of their child.
Homeless crisis doesn't need a researcher to know why
Trickle down economics, is synonymous with communist economics.
Yes. Let's gloss over personal responsibility and just focus on how government should get more involved and shameful it is that we don't have more social programs; and of course the ever so popular racism.
Vanessa had 3 kids she cant afford also....
I feel like there is no incentive to make housing plentiful just to lower the prices of rent. Real estate developers and landlords would rather purposely limit the supply of housing just to keep rent up. People may say 3D printed homes will help solve this in the future, but I don't see it happening. Companies that 3D print homes will be bought out and used to construct rental property sparingly to keep the supply of rental property low.