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Five percent rent increase would make many homeless

By tovarichpeter following x   2017 Aug 3, 4:37pm 323 views   5 comments   watch   sfw   quote     share    


http://www.latimes.com/local/lanow/la-me-ln-rent-increase-homelessness-20170802-story.html

rent hike in Los Angeles County would push 2,000 more residents into homelessness, a study of the effect of rising housing costs warns.The study was conducted by the real estate firm Zillow using census figures and homeless counts for the 25 largest U.S. metropolitan areas.Research has shown that rising rents drive up homeless rates, particularly in cities with severe housing shortages such as Los Angeles. Zillow said it applied its own rental rate data to the established formula reflecting the connection to come up with new estimates.The study, citing research that shows weaknesses in street and shelter counts, also said...

1   Strategist   ignore (3)   2017 Aug 3, 4:50pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

In other words, not building enough homes causes homelessness.
And who do we blame for that?

2   FortWayne   ignore (2)   2017 Aug 3, 8:40pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Investors running around wild on rental properties on top of shitty supply is a recipe for disaster.

It's obvious we need to build more, but it's not obvious to liberals who just want to increase taxes and fuck everyone over even more.

3   Strategist   ignore (3)   2017 Aug 3, 9:11pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Another solution is for the potential homeless is to go where there are are a surplus of homes and low rents.
But they would rather be homeless, so why should anyone care for them?
Fuck them. I'm not paying for their luxuries.

4   CovfefeButDeadly   ignore (4)   2017 Aug 3, 9:26pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

People really shouldn't stay in Los Angeles if they make marginal incomes.

I'd leave in a heartbeat if I could replace 75% of my income anywhere else.

5   Strategist   ignore (3)   2017 Aug 3, 9:31pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Fucking White Male says

People really shouldn't stay in Los Angeles if they make marginal incomes.

I'd leave in a heartbeat if I could replace 75% of my income anywhere else.

Yup. Especially if they had kids. What kind of parents would want their kids to be homeless if they could go to a more affordable town? Those parents are child abusers, and should have their children taken away from them and placed with more responsible families.





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