Inflation causing housing affordability crisis
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- Опубликовано: 6 июл 2022
- Rrecord-high inflation is making homelessness worse across the U.S., according to a report from the Washington Post. Rachel Siegel co-authored that article and joins Lana Zak on CBS News to discuss.
#news #inflation #economy
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Yet They keep building.
Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
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@@kollykolly Insightful... I was curious after reading what you shared, so I made a quick online research on her name. I came across her webpage.
It's hard to predict the future until we see this month’s inflation results. However, historical data consistently show that stocks tend to outperform bonds in the long term. Therefore, I'm staying in the market and focusing on selecting high-quality stocks. The challenge lies in identifying these stocks.
Staying in touch with a financial advisor was my effective strategy. During the pandemic, I outperformed the market, earning about $200k in four months. Its been a remarkable few years for me with my advisor .
I wholeheartedly agree, which is why I choose to delegate my daily investment decisions to a coach. Their specialised knowledge, research, and risk management skills make it challenging for them to underperform. They focus on utilising risk for its asymmetrical potential while mitigating downsides. I've been with my investment coach for over two years and have earned over a quarter-million dollars.
My portfolio has been underperforming recently, and I'm considering a strategy change with the help of a coach. Is it possible to get in touch with your coach?
There are many financial coaches who excel in their profession, but for the time being, I employ Stacey Lee Decker because I adore her methods. You can make research and find out more
She seems quite knowledgeable and well-educated. I just Googled her name and found her webpage. Thanks for sharing!
How is it legal for rent, medical expenses, and food or basic necessities to be so expensive. We’re all literally working to death to barely scrape by. The rich get richer and the poor really do get poorer. This is crazy.
It's called capitalism they don't want to put caps on things there's no reason a person has to pay over a thousand dollars for rent. We live in a time of no compassion for one another 🙁
This regime
working to death! that's exactly what they want from us! tell me about it, I hardly have time to even watch something like this, there's no time and we are all exhausted.
Landlords are also paying more on everything, since the house market keeps going up taxes keep increasing too, the price per kilowatt was around 9cents now electricity companies are going for around 17 the lowest, plumbers and electricians are charging more and stores like home depot are almost doubling in prices, that's why rent goes up.
I’m all for free market, but like you pointed out, basic necessities should not require a person to work 2,3 or 4 jobs just to keep afloat. I can def see a revolution taking place when majority gets sick of all of this.
I have a rental property and my mortgage on that property has not changed due to inflation. These people raising their rents is simply greed and nothing else.
The Robinson Group (The Tides) based in Arizona is one of those companies who have been allowed in Tarrant County purchasing apartment properties in low income neighborhoods and giving notice/ notification to section eight or housing voucher recipients have to vacated the property and move . We know it's Greed and Oppression also those in leadership in Tarrant County has turned a deaf ear concerning this issue the homeless population is new classification of people now working people who are employed the rent to live is 75% of their income now. 2 Chronicles 7v 14 We have to for leadership who compassion aligns with God.
@Steven H Oppression
@Steven H you explained perfectly how the world system works and how quickly a man's heart (soul) can fall into captivity of the world system.
Money is their religion.
@@rentslave It's beyond money It's a strong man operating called gluttony .
Can we stop acting like ppl with families/ kids are the only ones that struggle. They get the most assistance because of their kids. Let’s talk about single ppl for once. Df.
Nope they forgot an don't care about the single peoples. Y'all are on y'all own just like my three singles daughters are they get it so just move on as well.
@@Elaine-jq2yw that’s all you can do. Good luck to you and your family!
Single people pay for food stamps housing for others and have nothing for ourselves
👏
We get nothing.
How am I supposed to feed my family, drive to work, pay utilities and save anything? I was doing OK two years ago and now we’re struggling to survive. My wife and I can only afford to eat once per day!! Why can’t we sustain our simple way of life?
Find a city with decent cheap housing like Lawton Ok..Mason City Ia, Albert Lea Mn Towns west of Baton Rouge, La.. you can buy a house in the range of $25 ,000 to $40,000
Those are towns that are big enough to have Walmart and Target in many cases access to an airport and Jefferson bus line sometimes there's a college in that town so there are work opportunities definitely good medical facilities and places like Home Depot Lowe's Etc
Did you shave when you were doing ok?
Cause you followed Society
Wow. That internet provider bill you pay to keep posting on you tube "for the past two years" could buy at least one more meal a day.
It’s not just families. It’s singles and everyone!! It’s ridiculous!! Greedy greedy people pricing folks out of a decent home… shame shame!!!
Yess, I'm doing okay but I wonder how long I'll survive if things keep creeping up.
@@07ikkin Wait until is your turn.....
The side effect of Capitalism is greed and more greed - YEA, USA! Our politician don't care and won't address the problem until the poor come with pitch fork and torches marching on their neighborhood. So, this is what the end of days look like.
jobs...minimum wage
It's our current government taking us all out. Don't you see. But they need us all to be fighting each other so we don't notice what they are doing. Then they can come in as the saviors with the new solution. The oldest play in the book. World Slavery for all. Read your Bible. I'm out☝️👀
To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions
With the help of an investing advisor, I diversified my $400K portfolio across markets, and I was able to earn over $900k in net profit from high dividend yielding equities, ETFs, and bonds.
@@duane_29 Please can you leave the info of your investment advisor here? I’m in dire need for one.
@@HarrietBemish My advisor is CHRISTINE JANE MCLEAN, She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
@@duane_29 thank you for this tip , I must say Laurel, appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Housing prices won’t come back down, landlords and companies do not adjust the rent prices downward. When they reach a new high, they keep it there because they know people will pay it - This continues to play off the housing market and drive demand upward in a situation that already lacks inventory
Prices are coming down in certain cities in the U.S., though. To be fair, it is in areas that were, in my opinion, over-inflated.
If it keeps getting higher from this high they will be playing with 🔥 people can only take so much and no more "human nature".
How greedy, evil and immoral have our values become when whole families are living on the streets and all we care about as a society is the stock market. Heaven help us all. Disgusting.
@@yourerightimwrong4567 exactly, the crazy areas will always drop “dramatically” because they weren’t right to begin with haha
In your dreams, apparently you don't remember what happened in 2008.
Landlord greed is causing a housing crisis. Why raise the rent at twice the rate of inflation if you bought your property many years ago? The commodification of housing is causing a housing crisis. Buying multiple properties for the sake of easy income off the backs of people who can’t afford a home is just a scummy thing for a corporation or individual to do.
Corporations should've already been banned from mass buying properties as they're substantially manipulating the market prices. Once again politicians are failing to do anything to protect Americans.
My rent here in Tallahassee has gone from 750 to 1050.00. I have a good paying job here and cannot keep up with the increase. I have gone nights with no food so my my son's can eat. And as a Type 1 diabetic I have to ration my insulin It's either food insulin or rent I not able to do all anymore For the first time in my life I cannot afford groceries and because I work cannot get food stamps. Something has to give.
Kindly demand a pay increase maybe...?
A family member takes her kids in for the night and not her? Even if you have a cot or a sleeping bag on the floor, you should never leave their mother out on the streets in her car! What's wrong with these families today!
Finally someone said the obvious. And being non-american I have another question - why dont families help by giving them shelter (place to stay atleast)? I have seen many videos of 70+yrs people going homeless as rents increased. Makes me wonder - where are their family members?
There may be a good reason she's not welcome inside.
@@eckankar7756 Thank you! I was thinking the exact same thing! It might even be the father of the boys- or extended family of them.
@@melissachartres3219 ok, but how about her side of family members? And I see countless documentaries of seniors (age wise) struggling to get accomodation after recent insane increase in rents. I am sure few of them would be having close family members.
@@shashankmishra02 in my experience, most of them have been homeless for decades, don't have kids, and their siblings are either dead or similarly homeless.
Tents popping up in a neighborhood near you!! This sh#t is criminal. Straight up greed.
More people could become homeless once they can’t pay their mortgage payments, because the cost of gas and food and basically everything going up.
They u got Kylie Jenner saying who private jet I'm gonna take
The same applies to renters. A lot more people are one paycheck away from being homeless.
*except wages
Um that’s exactly what’s happening. Did you watch the news piece? Lol
You have to be making at least $33 or more an hour in this economy to survive anything less would be like working for free!!!!
@ Jay Rob After taxes, insurances, etc I don’t know my friend even making $33 an hr. It’s bad for a majority of people in my opinion out here. Help us all Lord. 🙌🏾
Nobody’s making it. The Titanic’s hit the iceberg and the upper class passengers have already scampered off with the lifeboats to head for New Zealand. We’re just hanging around while it takes water until it snaps in half under its own weight.
And people think I'm overreacting or being crazy when I say that society is collapsing, and WILL collapse over this.
Something's got to give and the working class has given all we could. They can't keep squeezing blood out of turnips forever.
@@cosmicllama6910 right! I agree.
facts
Our rent went from $850 to $1450 a month in one year. So as of now, I'm officially homeless. It's insane.
Time to buy or save up for off grid land and build a makeshift home with your own 2 hands and self sufficient energy sources for free!
What an awful situation. I hope time has passed and you are no longer homeless. Stay strong. You got this and don't be afraid to ask for help/resources.
@@capitalismismoderndayslavery How are they going to buy land if they can't even afford rent? I'm homeless myself and the amount of people telling me to do things that require money I don't have is staggering.
It’s because landlords want to suck every last cent out of their renters pocket 😡🤬👺👹
Remember. All the big companies raising their prices and lowering portions aren't raising the prices because they have too, they are doing it because they can and it's making them richer....and they work everyday side by side with our politicians.
I wonder when people will stand up against these psychopaths? They can't take us all on.
Nailed it! When are we going to #cleanHouse?
My rent went up $300 a month it's crazy
Greed is increasing. The rich can care less if a family ends up on the streets!
While helping a friend to find a place to rent, I was shocked at the cost of places that were total dumps! Old places run down, lack of upkeep by owners. Housing shortage is allowing these property owners to ask premium prices.
Rents in Southeast Asia don’t normally go higher than 20% of your monthly income. In the USA, rents are easily above that, especially in CA.
The price you pay to live the American Dream
I believe it
That's BS. I'm Southeast Asian. Rents, food, gas...Basically everything costs more now. Rents in major cities, particularly in better areas in the city, have increased by 30% of the average monthly income. Perhaps it's still cheap to someone with an American salary but for us locals, it's a f*cking nightmare.
@@Yandel21ableify What dream? Nightmare more like it...if you're fortunate enough to not live in a car or hotel.
@@rinsolaris2284 Still 45% of take home pay in some counties/zip codes.
If you don’t cover the corporations that are buying all the low cost, starter homes then you are not speaking factually about the issue. Constructions impact is minimal as is inflation, wages have a big impact as well. But the largest contributor overall is big business and their greed as usual.
Exactly. This greed is egregious; jacking up prices for basic survival needs is disgusting.
A to the MEN!!!
I couldn't agree more! Investors pay less per square foot then would be owner occupants. When owner occupants have to pay anywhere from $200 to 400k for a house it seems criminal that a landlord gets an inside deal and gets to pay 30k for a house! this actually happened in my neighborhood. I'd rather see some family or young person by that $30,000 house then the landlord who already owns half the damn neighborhood!!!
Then u got Kylie Jenner online sating who's jet I'm taking
@@bookbeing Rental homes we were in years ago were like that! Landlord bought a blockful of houses for a song...to rent them out. His prices were fairly cheap --- $550-$800 for 2-4 BDs / 1-2 BA .
These days it'd likely be doubled for those same homes. I think the landlord there retired by now, unsure. That wasn't the only properties he or his family owned. They have properties in a few counties!
I was homeless as a kid. It is humiliating to wash your hair in the Ladies room of Walmart with their hand soap. I vote for every inflation reduction measure and anything else that may lessen the number of homeless families. No one deserves to be homeless.
Except for the dead beats that don't want to work and the dope heads and the people that make bad decisions and expect other people to take care of them
@@endoftherope OK, Boomer. 🙄
You know how people get jobless and homeless, hooked on drugs? A fat cat CEO/CFO is dissatisfied with a five figure bonus because last year it was six. They call in a ringer and it’s redundancies all the way down to housekeeping. People are trying to get work because life and bills don’t quit just because you’re out of work, the only relief is the hour of numbness that a hit gives.
@@brooklynnchick always someone else's fault thats the worst thing about people these days no personal responsibility
@@endoftherope It’s hard to pull yourself up by the bootstraps when you’re barefooted.
People don’t always create their own circumstances; case in point are kids born into families who don’t have the cash to put food on the table regularly. Does that child deserve to be hungry?
You are vastly over simplifying the situation and justifying your own success in a society where once down, a person must overcome multiple obstacles that are huge, if not impossible. You say they deserve it, but you haven’t been homeless or transient so you don’t know the realities of a homeless life.
@@brooklynnchick A trust-fund baby or a product of nepotism 100% guaraneed.
It's called Capitalism. Profits over People. The Rich get Richer, the Poor get Poorer.
Welcome to America. !! The most unaffordable country
Depends where you live and how smart you are.
@@punapeter not for much longer, the rent refugees will be flooding your state soon enough.
@@cosmicllama6910 How they gonna afford a plane ticket if they can't pay the rent? LOL
@@punapeter Panhandle for bus money, homeless people have done that for decades
@@bigkahuna1919 you can't take a bus here LOL fake Kahuna, LOL
I'm a senior and disabled. I could have had a chance to buy a home 10 years ago but my greedy, wealthy relatives took advantage of me and stole my entire income leaving my scrounging for a place to stay. Some people have absolutely no conscience, no morals, no accountability. It's worse today. Where will we go?
what do you mean they "stole my entire income" ?
How did you let someone steal all your income, please explain
@@kelleysaint8606 That's exactly what I like to know.
@@wturner777 right !! Seems a little off to me :)
Trust me i know most wealthy relatives are all snakes.f relatives they are good manipulators they like to take advantage and keep asking for money .most rich ppl are assholes.i can totally relate 2 how u feel
I have to rent a tiny room for $600 and I have to share bathroom and kitchen. The room is just enough for 1 bed and a desk.
I'm glad that you have at least that room.
Eww
I'm paying $400 per month in Los Angeles to rent an old broken down RV on the street without electricity or running water in a dangerous crime and trash infested industrial area. I'm not even kidding or trying to make a joke. 100% serious. I have videos about it.
This is the underlying fear I see in the way things are heading.
I stayed in a Denver hotel that the whole first floor was retired folks living there fulltime. One resident broke down the cost compared to a nursing home. Clean sheets every night and the room gets daily cleanings.
Musta been a cheap wino flop house.
@@punapeter aware US can give everyone medicare+lower inflation so wages regain value but need to punish all those whom want to stay in Syria like Schiff/pelosi? remain illegally in syria etc=constant print money
george bush 14 years ago said he wants ukraine in nato foreshadow nuland f word 2014 coup
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If they're staying at a hotel they obviously didn't need a nursing home 🤦 also you would rather pay rent where you never see that money again 🤡
I stayed at the Howard Johnsons Motel in downtown ALBQ, NM a few years ago. When I went to the breakfast in the lobby, it was filled with young families. The motel was being used to shelter those young families. I enjoyed my breakfast, sitting with them, listening to the children laughing, which sounded like birds singing. :)
@@punapeter it was. Trump housing. Lol!
Sad thing is I can afford the rent. But renters are not willing to rent to me. Nevermind the fact that my Husband and I can afford it easy, that we've been in the same house since 2015, same jobs for almost a decade. They're crying about a credit score. So our family is about to be homeless because my landlord wants to sell and they don't want to rent out their empty homes. This life sucks.
amen 🙏 I make plenty of money a month and have 40k in the bank. But I constantly get denied because of bad credit 🙄. Time to move overseas
I live in the North Texas and it's now reported the market rate is 48 percent over priced in this area. I don't think you can ignore the fact its new crisis in this country now the average working class is struggling to avoid homelessness due to inflated rental rates.
:/
LOL, if you pay just a tiny bit of attention, you will notice there is always a crisis happening
@@jesse_- yo Jesse i see you on like every video regarding mortgages Whats the deal?
@@Jay-ql3gu it reveals the issues / condition of " the" heart is exposed immediately. The " LOL " expression in regards to why we have increased homelessness 💜☦️🛐
@@jesse_- yes and we address them, it's not like during hurricanes people are like "there's always natural disasters"
There should be law against increasing rent higher than one can afford
Ain't that the truth since more people being on welfare or homeless is a drain on the nation.
Well, some remote working yuppietech will always need a place to live and all of the landlords are pretty much hoping to find the one who will pay that rent, even in the middle of the nowhere.
One of the problems which has to be addressed are organizations like Blackrock (?) whose encouraged gentrification of traditionally black and brown neighborhoods. They're buying up property held by families for year's at a super low cost and flipping the homes and charging super high rents. They are in some cases creating muti-family units from these homes to earn super profits. Some blame also foreign money. 💰 These companies have no "class" they come to families at the worst times generally after a passing of a loved one. They have no problem sending 2 or 3 appeals a week, plus phone calls. There are serveral companies competing. I know this to be true because its our families story. My beloved 👩🏾 mother the "matriarch" of our family was bedridden and with the help of healthcare worker's we kept her in her home during Covid-19, she was on hospice. She was 94 yrs old. They were pursuing her none stop. Our family was angered at their greed, and won't sell our parent's home to them. We will keep the property or sell it to a family. This is why in part people are homeless in my opinion. I've managed food pantries and our organization fed the homeless for years. The trend then was we were beginning to see entire families coming to eat at the end of the month because food had run out. We also gave out toiletries. Sounds much worst now. Thank you for this important conversation. Jesus Christ once said, "the poor you'd always have with you." He expects us to be our bothers and sisters keeper. This isn't happening apparently. Thanks. 🕊
Blackrock is creating homelessness everywhere. Politicians sit back don't even address housing laws.
Who is making the gentrification so easy? those who are in charge and have been in charge for generations in these cities. People need to remember, single party rule make it possible to make the rules that will benefit the politicians, not the people.
It will never be addressed -- ever -- just get that out of your head. Politicians are OWNED by corporations like BlackRock.
I have rental property and what you say is true. Corporate and individual greed is going to ruin this country. It is the plan of our government to put us all in chains and control our food farms and families. As Schwab said " you will own nothing and be happy". What he really means is mankind will be thankful for the scraps the new world liberal order let's us have.
So I have a question, 2 questions actually…. 1 do you believe all whites are rich ? And 2 do you believe whites should never live by blacks ? Please actually answer the question and not just deflect with some BS
I had to quit teaching and find a corporate job . There is no way I could make it making 50k , with kids , break down 1400 every two weeks and my rent went up 500 . Was already barely getting by and buying a home has become out of reach
If you dont have access to affordable housing . its crazy 1200 for a crappy studio if u can find one but u gotta have good credit . . homelessness is only gonna get worse. No more homes to rent . people bought everything to fix up and sell up. Its
The thing to do to get rich quick
My studio is 1450 😯
This can be fixed if the government stops taxing our income, then we can pay for gas, rent, food, and have savings
Haha they could literally just tax the rich 💀😶😪 i feel like that and the upper middle class maybe paying one modest tax. Like 200$/ year or less 🤔 and we'd actually be square.
But wont someone think about the new f150 bomber planes in our over inflated military budget!
Why are we helping so many other countries?
Cuz we got money for wars but can't feed the poor.
because it's a business, it's convenient!
in my country, it was pretend we were getting help but no!! it was a business...I might be banned if I say it here so look for information on the internet...trust me, nothing it's free!
@@shanjan9896 and space missions, exploring Mars and crap
Because Biden and his Administration don't care about America at all
10 million dollars for Ukraine though..
I’m PRAYING my rent won’t increase. Gas and electric are already astronomical and I’m currently going to school and working. It’s so hard out here
Me to, I can no longer afford to live in the US
The vast majority of us cannot, alas we cannot afford to escape the USA either. As it's even more expensive to depart the USA to the tune of $450k-1 million+++++.
@@user-gz4ve8mw9l that's bs. I moved abroad in 2020 to Mexico with 500$ and a credit card. Just buy a plane ticket, consolidate and go. If you have a trade your good at you can go anywhere. I'm in croatia now after two years of Mexico Living.
Greed is what’s increasing rents…GREED!
Unfortunately that's what Wall Street is all about...greed.
I’m close to becoming homeless. I never thought this would happen..
Somebody help me i am about to be homeless myself I m so sad. It's so hard to find help with rent when you're all alone and no one is there for you. My heart goes out to those going through tough times that cause mental depression and sadness when all you need is help
♥️🙏
I hear ya, I got taxed out had to sell or loose my house, my pension tanked” and s.s. Wasn’t enough, so I’m living with my kids, not good .
Help END the dumping of drug addicts into low income housing... they need forced long term rehab not SSI welfare to go set up meth labs-drug dens in low income housing and make poor kids future drug dealers . Low income housing is a prison for the disabled, poor kids, the elderly, who are bullied by dealers and violent junkies.
Call co guess and tell them to dump the drug addicted and mentally ill into old hotels or institutions, NOT LOW INCOME HOUSING
@@msgoody2shoes959 What dump of a town/city do you live in????
This is insane. The US is getting poorer and poorer due to lack of saving and budgeting.
In 2015 I PAID 200$ a week at the Salvation Army for a bunk bed in the shelter that was a thin pad. U get kicked out from 8 to 4. You had
to find a job to keep your bed. U share 1 shower w people that had communicable diseases. It was a nightmare. There were no beds then. A bad divorce and I slept in my car for 3 months to get a bed.
Salvation Army = Criminal Company!
6 months ago, myself and 2 daughters had a 3 bedroom condo. We now live in a motel because the owner wanted to air b&b it. And there are no rentals. I make good money and have perfect rentals history. But we are homeless now.
Don’t make kids… live within your means..move to a cheaper area… get a better job. Never understood how people have kids living in apartments
I think the title should be ; Inflation causing a homelessness crisis. Because inflation did not cause the outrageous increases in home sales prices and rental prices. Rents and mortgages were already higher before food, gas etc. went higher.
Affordable housing was already hard to find mainly I think for lack of construction.
Everything around my town and county is higher, pricing out the locals.
55 and older housing is being built but affordable housing is for the very low income residents.
facts well said
Or "How society is literally about to collapse over housing and everybody's in denial about it."
Correct. The housing crisis predates the pandemic.
@@cosmicllama6910 instead of billions of dollars going to other countries it should be subsidizing people in our country
@@KC-dr3cg Simple let the American people keep the billions in tax dollars sent overseas.
It's going to be so bad even my Homeless Tent on the sidewalk be charged property tax...
I'm a single parent paying $3200/month for 2 bedrooms. My daughter and I share a bedroom. There is no other more affordable housing available and my apartment is even rent controlled! It's INSANE! Living paycheck to paycheck often times below zero when my next paycheck drops. The anxiety of it all + the state of the world especially the United States, it's a lot but feeling possible home insecurity keeps me up at night.
Can you move somewhere cheaper? That’s a lot of money for rent.
@@bm4551 No, my industry is in Los Angeles. It's terrible. Believe it or not, that's a normal rent!
@@hannw7 I hear you. I lived in San Diego up until May. I was making good money, but I was working a whole lot, was getting burn out and the anxiety was making me ill. I finally had enough. I was able to save a bit of money because I did not have to pay rent. I hope your situation improves, having to worry about your roof is not a good feeling.
@@bm4551 Thanks for the kind thoughts. Glad you got out and hope you have a great life in your new home!
@@hannw7 you need to move asap find a new job leave the state if you have too it's the only way to a better life
We are all being evicted here at my complex. The new lands raised rent. My neighbor miss ariety moved last week. The family that replaced her pulled in today. Have 3 cars. 2 of which have huge.” Let’s go Brandon” stickers. These were low income housing units. They look like they could of afforded a house, but no the ppl with disposable incomes don’t want low income housing. But don’t mind moving in them after they get rid of all old ad disabled! Bunch of flag waving flaggots!
Me, my husband, and my 4 kids are fixing to be homeless. He’s looking for another job but can’t find anything that will pay enough to meet our bare minimum necessities, my newborn is dependent on nursing to survive and no formula for me to be able to send her to daycare so I can work, not that I could afford daycare for both her and my 2 year old anyways… my car broke down last month & we can’t afford to fix it rn so we’re down to one car that can only carry 3 kids at a time. We can afford up to $1,000 a month for rent but have to have a minimum of 3 bedrooms and there’s nothing available & weve been looking since March! Even low income housing is completely full, no resources or help because they are already strained and long wait lists. We live in Alabama too, so we have lower prices here than most other states but it’s still completely unaffordable because wages here are also lower…. I’m terrified right now and feel like no one cares except for others who are in the same position. If it didn’t cost so much just to immigrate we would be gone from this horrible country!
I’m so so sorry Autumn. I’m not in as dire straits as you. But we are a large family and we are really getting hit too.
Is there ANY family for you to stay with? Maybe working at a daycare would facilitate the work-kid situation. And WIC maybe able to help with formula.
Hugs from across the country & internet 🌹🌹🌹🌹🌹🌹
Cant have too many kids in America now.
Do a Gofundme me? Sometimes they really take off when people hear your story! Best wishes
New born when you cant afford it? What was your back up plan? Work when your husband is home..breast pump..Send kids to live with relatives..people did that in the Great Depression.. even President Bill Clinton had to live with his grandparents because his mother went to school in a different town and it didn't seem to get in the way of his success in life
And why do you need three bedrooms people in the Puerto Ric. section of Brooklyn New York have eight kids in a one-bedroom apartment.. sometimes that is two single parents each one has four kids
It is starting to feel that America is a place only the rich can afford to live.
I knew it was bad when chicken thighs got astronomical. Chicken thighs used to be cheap but delicious.
It's not because of inflation. It's because most homes are owned by predatory corporations. They've made a fortune throughout the pandemic and they still are. These increases are about nothing but increasing their profits.
WRONG! It’s because inflation is having negative effects on interest rates which is causing the purchase of a home to be nearly impossible for most people!
I remember back in the day when the Father was the main breadwinner and the Mother stayed at home.
that's why there was better humans than now, because children will always have someone to talk to coming home and not being alone
but of course not what a country wants this days
That’s impossible now, a family cannot live on one salary
@@evas8583 one six figure salary yes
Or maybe $70k+ a year
Me also. Apparently that has change.
I remember back in the early 60s in Whittier, CA where my parents owned a 3b/2ba house... across the street at a similar house, there was a family. They had 2 kids. The wife stayed home. He worked pumping gas at a gas station. That was their sole income. They owned their home. Today, those houses sell for $700,000. Now, 2 professional working adults couldn't afford to rent that house let alone own it!
I know some people will say go somewhere cheaper but chances for jobs are a whole other thing linked to that some can't do remote work.. so they're tied to suburbs or cities where things are unaffordable. Then there's the sheer cost of moving all your stuff taking off of work... It adds it up. It can be potentially thousands to move depending where you're going.
The same people that say move to somewhere cheaper will then whine that transplants from cities are making other areas unaffordable for locals.
At Least the Bad Orange man who made mean tweets' is not in Office, So it's all worth it !
Yeah the republican in office stopping evictions for a year had nothing to do with it.
@@jacobnapkins1155 The Bidens are at the wheel driving this bus now going over the cliff....With Dr jill asking for Breakfast Tacos
@@jacobnapkins1155 If trump let Landlords evict people, you people would have still complained. Also a friendly reminder that these asinine rent increases and high rent issues are all occurring in blue cities with liberal mayors.
@@lefthanded5473 rents are up in the boonys too bro it's a national trend. You're right I would have doesn't change the facts it was apart of the current price increase
A $100 cart of groceries in the past is not $114 now, it’s at least $150!!!
Yes I’m facing homelessness here in Hawaii I am broken because this is happening
That’s tough do something about it
Get a truck driving job that’s a free roof over your head Laurie
And yes women are becoming truck drivers these days
I lived in a van for a while to save money, though you live on an Island might be bit difficult idk how many places there would allow you to park for a night. It's bad what is happening in Hawaii to the natives being out priced of their own home, hoping something goes your way soon over there.
Average Americans being out priced out of homes by investment houses and foreign investors is causing a housing crisis. Salt in the wound is low interest rates created inflation and the resources for investors to price out average Americans. Thanks to capitalism and trickle down economics.
The issue is that the costs of goods has risen higher than the rate of inflation.
Adjusting for inflation, Americans today make 1 dollar more than those in 1970.
Yet the costs of all goods and services have seen dramatic increases around 300% higher.
How do you expect people to make the same amount of money as they did 50 years ago while upping the costs of everything tenfold???
It isn’t lack of effort or “a spoiled generation”. It’s an economy which is so volatile that it has killed any chance for future generations to thrive.
Capitalism is dead in this country. We aren’t a free market anymore. We are a Corporatist society fed lies to hate each other to distract us from the true crimes in our society
All facts.
Couldn't agree more!
Life is hard it’s so sad for everyone
Price gouging is the right word. Because of this fkn wealth reset. The first thing common ppl need to do is not pay rent or anything else. I see a revolution that will hit these rich people suffer
Blackrock, Zillow, foreign and other ihome buyers pumped up real estate prices . Now working class can't even rent.
It’s a SHAME there’s no money in affordable housing for politicians to line their pockets with cause if there was everyone would have a place to call home because lawmakers don’t do anything if there’s nothing in it for them
It is time to leave below your means!
Golden nugget here
👍🏽
It been this way for the working class for at least 20 years or more. It’s just too obvious to hide now.
Single moms are the main reason , they are breaking up families and man needs to find another place so creating double demand also most work at low level jobs
Corporate buy up of housing, greed, etc., causing housing affordability crisis. There, I fixed it for you.
An unregulated "free market" is like an endless football game without referees.
This isn’t a free market.
she gave an example of eviction and a bad credit score. Landlords normally don't rent to people with evictions.
There has been an increase in evictions from the inability to pay sudden rent increases while being legally bound to a contract in which the owner/corporation has the right to change this at anytime.
While credit scores don’t automatically exclude potential renters, it does cost an exorbitant amount more than what single parents make i which they have to pay twice the amount of what it’s worth.
Pay has only increased some( and not enough )while we are at 91 percent inflation. So the answer to increase in wages to billionaires is to raise the cost and continue out sourcing for a penny’s dollar.
Credit scores mean absolutely nothing anyone who goes by those submits to the system. Better off not doing business with such people. Not to mention housing is a basic human need not an investment...
Two years ago I could afford rent, bills car and insurance. Last October I had to choose between eating and driving. I chose eating. 7 months out of 12 in Phoenix the a/c is on 24/7. Verizon for no reason upped my monthly bill $10.00. Check the weight on cereal. Same size box but less weight. A one bedroom apartment that is 22 years old with 680sq feet is now at $1420.00 monthly from $900.00 2 years ago. The newer apartments are even higher. This including the hidden charges that can be $50-150 a month on top of base rent. So when they say “starting at”factor in for tax,renters insurance and the maintenance,water,trash,sewer and know water is split amongst all tenants. I am one person paying the same for water as a 3 bedroom apt with multiple tenants. This is professional corporate rental greed that get their tax cuts. Since minimum wage is going up so is everything else. God forbid the rich pay taxes or share holders see less return. Rich get richer and middle class disappears. Still proud to be an American? I mean still proud to be a citizen of the great super power USA? We don’t want to confuse America for the USA. There is a functional country to our north that will need to build a wall.
Government needs to stop the rise in housing costs there has to be limits and should be laws based on percentage of salary. Land lords will eventually pay the ultimate price and be stuck with empty property
No we won’t. The smart ones are paying mortgages that are low because we bought 10+ years ago. I could drop the rent $700 a month and still make a profit, but I’m not going to do that until people stop lining up for a vacancy.
Yet billions of tax payers money is going to another country that we still don't know what we are getting out of that situation.... I highly doubt it's out of the kindness of uncle Sam's heart.
LOL going NO WHERE but the MICorpratocracy to replenish all the out dated crap we sent to the -UkrainianArmy- Russians.
It’s just another kick in Russia’s shins. Like we did with the Mujahideen in Afghanistan in the 80’s. Proxy wars, per usual.
Exactly
Everything that the U.S. does benefits its country in some form or other.
No international aid mostly gets siphoned off by politicians. They get rich while voters stay poor. Most US senators are wealthy beyond dreams.
I know people who live in a studio in the middle of Tokyo for $600/month. I know someone renting a modern condo in Seoul for
Thank you person of reason. The news doesn’t fail to mislead & fail to report the real issue at hand. Always putting blame on the wrong things.
it's lucrative for the property owners to keep the laws as they are (paying off the politicians)
it's obvious that it's too many of us but people doesn't want to stop having kids! I get it maybe 1 kid but some people have no conscience and have 3, 4 , 5 + kids and I'm like...are you kidding me!!!!!!
They have them and make us tax payers take care of them. Smh!
@@Nikki-kh8pm totally agree! tell me about it! so uch money is taking out of my pay check in taxes...
but my coworker (and trust me, I'm not saying everyone is the same) he kept having kids for more Welfare, food stamps and also because there was thise check they were sending to people with kids) he can only work no more than 20hours because they will cut the help they're getting..WHILE I HAVE TO WORK 70 HOURS A WEEK to make up with money to pay my rent and expenses
@@jeannette4879 that's selfish lol
Child care is too expensive.
Elderly care is expensive.
Gas & groceries are crazy expensive.
Vehicle repairs are way too expensive.
Rent is ridiculous and absurdly expensive.
America is a terrible country.
What percentage of our population is homeless, or in jail, or desperate need of mental health care.
Oh my gosh, this is not inflation. This is greedy greedy people.
Kids need to be taught good credit and finances in school cause some parents sure don’t or can’t! You also need good friends/family to help you in hard times.
And good neighbors too!
I pay taxes to the government so that they'll ensure all workers can live fruitful lives. People shouldn't have to depend on friends/family. The $100 billion in taxes we sent to Ukraine could end homelessness in this country!!
Property Taxes set by the local government has one of the biggest impacts on the cost of housing. Much of the local property taxes goes to schools which are doing a terrible job. Why has the amount of homework drastically fallen over the years? ...From a Landlord's perspective. Why isn't this discussed more?
I'm having to move in with my son. I will be evicted soon. Just don't make enough to cover everything. Husband died in January, then broke my ankle,unable to work. Tis is the worst year of my life.
Record gun crimes, record drug use and it's climbing. This is a social problem that you can't arrest your way out of..
I was homeless for a while from 2009-2012 and it was really fun. I lived in my car and moved from place to place looking for work throughout the US from Colorado to Oregon to the carolinas and new orleans...great times and great people in this country!!
How did you not burn in in the summer tho? Living in a car
@Btombrand I mean during the day I guess you get out of the car so you don’t sweat to death in the car and you sleep in the car at night
@@gregb9264 Oh IDK...lakes, rivers and oceans I guess
@@Riddingwithvivian damn you’re rude
Ok so if I live in west Texas for example where there’s no oceans, lakes or rivers nearby what am I to do?
Some people have taken up van life to save money but with gas prices the way they are their not saving money like they use to.
"AFFORDABLE HOUSING" is an ill defined and overworked phrase. I do not want to hear that it is a % of some abstract median income for the area. It should be something like 50% of the area minimum wage...But. Landlords are shelling out 5 times the cost for labor, taxes, insurance, utilities. ..if they can even get workers or supplies. . If we can donate billions of dollars to other countries we could instead be contributing billions of dollars to programs that are like Section 8 there should not be a wait list of many years to get on subsidized housing
Could someone please help me understand why if the kids are staying with family she couldn't just join one of them even if you have to sleep on the floor with a blanket and a pillow.
I guess she's to prideful. She could have bought a XL twin mattress and put on the floor.
I thought that was weird as well. I am wondering if she can trust those family members enough to leave her children alone there.
Maybe it is her ex and he is married, Maybe it would be weird to stay with your ex and his new wife.
Local single family zoning are outdated and need to be updated to include multi family dwellings. State and local regulations are making the housing crisis worse.
It’s sad that I had to scroll so far to find the real answer
Homelessness is the new pandemic in America.
Very honest question: If you have or someone you know has been homeless working and trying to find shelter- what would be the most helpful things your neighbors and community could do to help directly?
END the dumping of drug addicts into low income housing... they need forced long term rehab, not SSI welfare to go set up meth labs-drug dens in low income housing, while making poor kids into drug dealers . Low income housing is a prison for the disabled, poor kids, the elderly, who are bullied by dealers and violent junkies
Clean up low income housing for the working poor and non drug addicted disabled poor
Ask your City/County representatives to look at streamlining and even temporarily modifying codes and zoning to allow people living in travel trailers, 5th Wheels and Motorhomes to become legal residents on owned or leased land, backyards or driveways. The post office will only recognize a property deemed legal by the municipality, including (Unit A, B, etc.) There are often decades old restrictions that are not practical today but have to be enforced as written. For instance, In one rural County it can cost thousands to bring power from road to a pole and RV hookup, and require months worth of permitting, while in another County it might just be up to the electric company and an electrician to set up service at a billable address. If someone can safely and legally live in a travel trailer, RV or even a tiny house there should be fewer roadblocks.
Majority of the homeless people are drug addicts that don't want to work. My question is what have you done to help a homeless person out? Or are you one of those people that just talks but never takes any action
@@Upper-cr1kh I participated in food pantries and helped an individual get into halfway housing, and worked on a habitat house support the local Restores. As well as done free and low cost work to make safety/efficiency improvements in substandard housing but in order to keep low-income folks in their communities/houses rather than losing them. Drop in the bucket but since your response sounded antagonistic I replied. (Maybe you comment wasn’t directed at me) I was intending to share constructive ideas from real world experience between different parties who may not normally converse. Admittedly internet comment sections are probably the cheapest and close to worthless place for dialogue. A lesson I’ve learned but keep ignoring :/
Could we trade ( build back better) with ( put it back, the way you found it ?…sure missing mean tweets now !
Not sure how far back you want to take it back. It looks like the Supreme Court decided to take us to the 60’s. But my guess is they are shooting for the 18th century.
Remember the most important thing is to stand on the street with a spray bottle and a rag you never wash and offer to wash people's cars. You will be making money in no time.
Welcome to the beginning of the end.
leave the coasts (if you can) move to midwest or certain parts of south.
Courage to you! In France we also encounter these problems.
We’ve decided to stay out here in North San Bernardino, California. Our rent for a spacious 2 bedroom is about $1,141.00 quite affordable in contrast to everything around us.
We're dealing with large corporations that have moved in to our communities across the country jacked up the rates of rooted families and somebody needs to put a stop to that state officials and different states need to stop letting these out of country and out of state companies come in and buy it the land by the property so that the people who actually live in the state can't even afford them
Not only local and state leaders where's the church leaders why aren't they out front vocal critics before the city council members and the mayor saying this a humanity issue what are you doing we know you're not deaf or dumb this crisis!
Rent control Is needed don't believe the pro landlord propaganda
You evidently are not a landlord
@@KC-dr3cg I have something called morals
man I can't wait till November! (midterms)
The liberals will divert their message with the help of the media on abortion rights and gun control.
That will change what exactly? Oh right absolutely nothing whatsoever. You'll just be exchanging corrupt person A for corrupt person B. ALL members of the corporate oligarchy party regardless. Business as usual if you haven't learned in 1000's of years. Then suffice to say it's highly improbable your going to anytime soon.
I’ve been asking my job if I can work like four to three hours early before my schedule shift starts they’re okay with that lately and even my coworkers do too, since we need more money to pay like rent, Insurance, other billing necessities . lately more food and drinks have increasing too much , I have to budget my food and gas sparingly each week and putting money aside for bills