The Number of Families Paying Over Half Their Monthly Earnings Has Doubled »
Posted By altnrg 11 months, 3 weeks ago in News
The number of U.S. families paying over half their monthly earnings for home rentals has increased from one million to over two million since 1997, according to the Center for Housing Policy.
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xotlippel11 months, 3 weeks ago
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this isn't news to us. who is this news to ?.. the politicians who have "discretionary funds" for vacations and expensive riding gear for their polo ponies! those of us who haven't had a vacation in 4 years and who work a regular job and barely keep food on the table aren't exactly shocked that we, as a country, are in a recession ... we, as individual families who can't afford health insurance, knew about it a long time ago! why do we keep electing out-of-touch "silver spooners" to office? because they have the money to plaster their unattractive mugs all over our tv time and not work the jobs we already elected them to for a year or so at a time!
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stalemateComment removed: Retracted by user
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SandmonsterComment removed: Hard Banned
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antibrainwasher11 months, 3 weeks ago
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Witness the republican revolution. The rich get richer, and the poor moron evangelical swine with no pot to urinate in vote for them. Viva trickle down, walmart republican swine. Filthy morons.
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Lets bail out the casino investment republican bankers, but let 5 million car and steel workers lose everything.
Maybe when these evangelical fat southern trash go hungry and their kids are starving, they'll put down their bibles and start voting in their self intrest, but I doubt it. You can't teach swine to tap dance.-
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rwrnae11 months, 3 weeks ago
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My, aren't we touchy? These days the majority of the population lives in urban areas. These areas are heavily liberal Democratic, i.e. Obama. A large portion of these area's expenses goes to supporting freeloaders (the "projects", subdisized housing, subsidized transportation, etc.) Those working are paying for this directly or indirectly. These areas also have very restrictive legislation regarding housing. As a result a MAJOR portion of the cost of building a house or apartment is in the form of fees and taxes to the local government. In addition local rules make the simple construction of the apartments and homes more expensive than it need be. Local property taxes are sky high in part to fund all the "feel good" projects your elected leaders have pushed for. Now you are living with the results. American cities are among the most expensive and least desireable places in the world to live these days. Face it, your country is bankrupt. You have enabled your losers to breed and multiply to the point where you can no longer support them.
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sonofreasonComment removed: Hard Banned2 Replies
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rollsroyce4111 months, 3 weeks ago
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wanna save the economy? instead of giving our taxes to the rich, give it to us middle class families. we can pay off our debts and buy cars.thus the mortgages companies or lending companies get saved and thecar companies turn around.would only cosy 300 million not 700 billion!!!!
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jallen511511 months, 3 weeks ago
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I make more than the average worker and almost half my salary goes to rent so all 6 members of the household actually have room to move around. The place isn't an upscale apartment complex either and its the going rate and we live in the cheaper part of the west coast.
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Wanna know why I don't own a house. 5 of 6 people in our house have medical problems so they get the rest of my money. We demand you fix our healthcare system soon. You can lift alot of people out of their situation that way. -
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jawnwise11 months, 3 weeks ago
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I'm in hazardous materials and my woman is a veterinarian. We live in San Diego which is no cheap place. It's not only rent that is high, we also have student loans , groceries, gas, utilities and other myriad expenses. We make it, barely, but, my real concern is for all of the poor folks who make much less than we do. How can they afford to live at all? It's easy to denigratye them and say they should get educated or better skills but, it isn't always that easy. If the lower class collapses, the middle class isn't far behind1 I agree that any economic rescue should be aimed at the people instead of the incompetant financiers with their greedy, conniving ways!
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skinsfan17472611 months, 3 weeks ago
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I had a small construction business that went under. Nobody from the government bailed ME out. Perhaps if this pigsucking capitalist country was a bit more anti corporate housing would be affordable because competition in construction brings costs down. Not to mention all you fools out there that wanted to live in the big house and willing to pay WAY too much, drive around in your Expeditions and charge your way through the rest of it. Well thank God a black man is in charge now. I'll be able to get food stamps and medical assisstance and complain about the Man keeping ME down!
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marks1002311 months, 3 weeks ago
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Come to Florida, we have much cheap housing!!!
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I should live like a king here on your $30.00 an hour salery with a new spaciouse 4 bedroom home on the water, health care, and edumacation that rievals California!!!!
Ill sell you my home for a payment of $1100.00 per month! you can bring the whole family! what a deal!
Call me at 555-521-9999.
We will talk turkey with you. No money down! What you say????? -
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lloydm6511 months, 3 weeks ago
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What a crock home buying ,and renting is a market it will only demand what the market can bear.People may have to lower their standard a bit.As far as the American auto worker,he,and his unions are just as guilty as the CEO's.When you knock down close to eighty bucks an hour in cash,and perks,you can't expect six,and ten dollar an hour tax payers to bail your a$$ out
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nobama200812311 months, 3 weeks ago
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boo-hoo. Why are these people living in the most expensive city in The U.S. Let me guess they also have cable tv, internet, and big screen tvs. Not to mention more kids then they can feed. Then they always want the government to pay for everything. What a sham.
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efeggins11 months, 3 weeks ago
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I find it interesting that no one has mentioned the 10 - 14 billion dollars being spent per month on the so called 'war' in Iraq. I say co called war because only Congress has the authority to declare war. Yet, no one has mentioned that either. Subsidized and welfare and all your other major concerns account for less than two percent of the national budget.
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Lincoln8511 months, 3 weeks ago
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Well Obama's pick...Hillary sure did approve of it. She talked so much smack against Obama and now he has offered her a position and she is accepting it. What ever happened to personal principles and morals. These people would sell their soul for power and that includes all parties. I would love to see the day where regular people serve a term and go back to their regular jobs instead of trying to make a career out of having power in D.C.
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Poulenc11 months, 3 weeks ago
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rwrne, you're the very embodiment of the draconian every-man-for-himself ideology that's gotten us into the present financial mess.
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When confronted by the towering selfishness of opinions such as yours, I feel utterly frustrated.
I live with two cats in a small one-bedroom apartment in New York City. Slightly more than half my net salary goes to rent. I was fortunate to find the apartment I'm now in--and more fortunate that it's rent-stabilized. Getting a rent-stabilized apartment was luck-of-the-draw.
Rents in New York City rise as do prices in every other local market--and particularly because there's always someone willing and able to pay. New construction is constant. The result is that there's virtually no middle class housing here.
I suggest you do a bit of soul-searching to discover why you have, apparently, so much difficulty empathizing with others--particularly those whom you would undoubtedly characterize (so defensively) as lazy and/or weak. -
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combatmediciraq11 months, 3 weeks ago
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Times are rough all over right? I've never seen a poor man president of these states, and I don't expect to. Billions of dollars to the rich and retirement is just a dream for me and all of the rest of you. Maybe we do need a revolution.
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