Posted on 07/03/2022 9:08:34 PM PDT by RomanSoldier19
The US housing crisis has been decades in the making, but combined with an inflation squeeze and a systemic shortage of affordable housing, more renters have nowhere to go.
erardo Vidal, who has lived in the same apartment in Queens, New York, with his family for 9 years, recently received a $900-a-month rent increase this year.
“It means having to uproot my entire family, given the fact we’re still having a difficult time earning money due to the pandemic and loss of jobs,” said Vidal. “It’s unfair that we are being basically forced out of places we lived in for nine years and that landlords can get away with this.”
Vidal is one of thousands of tenants in New York and countless others around the US who are currently experiencing drastic rent increases—a trend that has been decades in the making but, combined with an inflation squeeze and systemic shortage of affordable housing, is causing havoc for renters. These rent hikes are effectively serving as evictions by landlords who know full well that tenants will likely have to move as a result, enabling the landlords to rent out units to new tenants at greater rates.
(Excerpt) Read more at therealnews.com ...
Our local “Next Door” app (north of Coeur d’Alene, ID) must have two or three people a week who need to find new housing. There’s little available and rents have soared. So many people in need now.
Consequences of DHHS “eviction bans” because of the dreaded China cooties.
Millions of illegals beig put up in apartments, fully paid for by our tax dollars but taking up space. Disgusting
Let’s nationalize housing.
Chinese buyers lead foreign investment in US housing …
https://www.foxnews.com/us/chinese-buyers-lead...
A situation where one wonders how landlords can afford to rent out for so little and how tenants can afford to pay so much.
Your small landlord was willing to work with you if you had an actual problem and, if you were a good tenant, they rarely did more then a 3% increase because they wanted you to stay.
Evicting people was a pain and then, once you had them out you had to fix up the place to rent it again.
You had to pay someone to do it or do it yourself. Not so hard if you have the skill and stamina but if you are in your seventies it can be an issue.
Now you have to deal with "Big Landlord". They have the spruce up people on staff along with the lawyers on retainer.
You can deal with them or you can deal with them.
Perhaps the eviction moratorium was a bad idea.
“Consequences of DHHS “eviction bans” because of the dreaded China cooties.”
Not to worry. I’m sure there’s another “national emergency” the Dims will call on to freeze rents and evictions.
Millions of illegals being put up in apartments, fully paid for by our tax dollars but taking up space. Disgusting
Let’s call it as it is. MOST of those in elected government, and likely a majority of those in bureaucratic positions, are incompetent at their jobs. If they weren’t we wouldn’t be in this situation.
It’s way past time to clean house in government.
As more and more colleges stay in fearbro mode and offer nothing but “remote learning” there will be dormatories a plenty for the asking.
Me, I moved out of an expensive area. It cut my monthly expenses in half.
Biden gives them free phone and free phone service so the cartels can keep track of 'em.
Biden gives them free phones and free phone service so the cartels can keep track of 'em.
Demagogic Party Plannedemic update.
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