Record number of Americans are homeless amid nationwide surge in rent, report finds
Record number of Americans are homeless amid nationwide surge in rent, report finds
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
I don't understand, the lines went up?!??!!
But I thought the economy is doing fine and joblessness is low again? /s
Gee, it's almost like corporatizing real estate rental property without proper oversight leads to robber barons trying to squeeze blood from a stone, inevitably resulting in a collapse of the entire system...
I moved to Seattle at the start of the plague (perfect timing I know). I don't have first hand experience from the before times but for sure the last couple of years the amount of homelessness has gone way up. Apartments here are raising rent like wild. They're definitely testing the line for how many people they can lose to increased prices while still coming out ahead with the people who remain. Once the work from home or fired tech workers move out in full force it's going to snowball I think. I wonder if Seattle is going to collapse similar to how Spokane did back in the day after manufacturers moved out...
Turns out the large property management companies have been colluding on this for years, skirting the law because "it's an algorithm bruh"
I don't think it's skirting at all. Using math to collude on prices is still collusion. It's just as illegal as a bunch of companies saying the price is X.
lived in Seattle for close to 20 years now and I can confirm that the city (especially downtown) is a giant mess - pre 2020 it wasnt that bad - there were issues but not like now. hopefully it collapses like a burning building asap.
As much as I want things to collapse too I don't think that's a good thing. A lot of the people who built up Seattle and it's culture got priced out, if things collapse the tech workers are all going to leave (more than they already are). Tons of desperate people will be left and the city will do an even worse job at maintaining the infrastructure.
Maybe it needs to burn down to get built back up better but I wouldn't say I'm hopeful for it because that could mean decades of hardship for people who don't deserve it. If this does all go sideways though and I haven't left the country by then, Seattle is my ride or die in the US. I feel so at home here and I'll be in the dirt trying to bring life back to the city.
roughly 653,000 people reported experiencing homelessness in January of 2023,
typo or does it take a year to compile statistics like that?
I mean, that's a significant amount of data to compile from folks that probably won't be filing right into your database for you. You have to get people walking around encampments with a clipboard in a whole lot of places.
Stop institutional investors. Stop foreign investors. Stop anyone airbnbing a place they don’t live in. Then we’ll have housing.
It's okay.
Biden is focused on the most important issues: running us further into debt to fund other countries' wars and trying to form coherent sentences.
America kinda did promise to back up Ukraine if it was invaded, for it's nuclear disarmament. To back out of that is a dick move. Supporting Isreal with their genocide is more than a dick move, though.
It's more of a dick move that we're doing nothing about housing scarcity in our own country, but that's to be expected when all we elect are wealthy investment speculators.
not kind of, we did. To the point that we should be fully in there stomping russias shit from that agreement Russia broke. We’re taking a measured approach trying to avoid nuclear disaster. Fuck Russia and fuck the new Republicans. The old republicans are rolling in their graves.