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Posted By altnrg 1 year 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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  • 100%
    sarahturner1 year ago

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    It's getting so that people can't afford to buy and they can't afford to rent.

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      MisterX1 year ago

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      It's outright tragic.

      It's tragic that we have to live in this era of history.

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        Lincoln851 year ago

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        It is Obama's fault, the fact that he is president elect and no one has any hope. What happened to the hope in change? Worst president elect ever!

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          ETproductions1 year ago

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          This mesage brought to you by the party of personal responsibility, which isn't responsible for the 9/11 attacks, the Katrina Disaster, The economic meltdown, THe failed Hurrican Ike response... Pretty much not responsible for anything. May be thaerin lies the problem.

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            dotsie_d1 year ago

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            You are such a JERK! All of you people who are blaming Obama before he even sits down in the Voal Office and signs a bill into law and you are all over him. Sore losers. I mean what the hell?? Get over it!

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              Lincoln8511 months, 2 weeks ago

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              How can I be a jerk and accuse someone before they go into the Voal office? I don't know what that is. peace

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        xotlippel1 year 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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          Newperson1 year ago

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          Takes more than half

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            Katchen131 year ago

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            How is this news? This is the way it has been for me all of my working life (since 1985). Seriously.

            K from Baltimore/Towson

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            skinsfan1747261 year ago

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            this country needs a violent, bloody revolution.

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              Lincoln851 year ago

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              Amen to that skins...we could finally get rid of these sissy, thin armed, and weak liberal men. Finally an end to the pussification of America. I am with you on that!

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              Newperson1 year ago

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              Come on now maby we can all work 180 hrs a week.

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                Ratskii1 year ago

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                That's tongue in cheek, right? A week has 168 hours.

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                  CaptainLucid1 year ago

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                  Well I guess we will just have to get used to the 26 hour workday.

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                fadingfast1 year ago

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                part of the Bail Out should have been to get rid of the oversees collection workers and put Americans in those positions.. If I am getting a call about my debt at least Speak English!!! it is insulting!!

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                  antibrainwasher1 year 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.

                  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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                  DaneL1 year ago

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                  Maybe these people should look for a cheaper area or place to live. Sometimes you just have to move to where the work and opportunities are. Sometimes you just have to sacrifice.

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                    dunkirk1 year ago

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                    ROFLMAO, sure and the economy is booming. Bush told us. Tell us again how you managed to become a success ALL on your own after being raised in a disadvantaged home and all., Brings a tear to my eye.

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                      DaneL1 year ago

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                      "Tell us again how you managed to become a success ALL on your own after being raised in a disadvantaged home and all., Brings a tear to my eye."

                      I was brought up in a middle class, blue collar family. My Father was in construction so there were times when he had to travel to find a job. I remember growing up when he might be gone for 6 months at a time. It wasn't fun for him or our family but sometimes you have to make do. It did teach me to live within my means and nothing is guaranteed. I'm sure if I wanted to bring a tear to your eye all I would have to say is get a job and quit looking for entitlements.

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                        dunkirk12 months ago

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                        ROFLMAO, such a heart warming story Dane. Im sure form the sounds of it as you refer t those entitlements so often that is exactly HOW you made to where you are. But then again its oftne amazing how the Republicans love to talk about their "hard earned" success that was handed to them as it appears yours was to you. Brings a tear to my eye.

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                    rollsroyce411 year 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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                      dunkirk1 year ago

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                      good point. Instead we will bail out the rich for trying to be too greedy but will penalize the average worker by refusing help to them and by making htem pay to help the rich.

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                    jallen51151 year 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.

                    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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                    jawnwise1 year 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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                    unome21 year ago

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                    I wonder if John Mccain is struggling to keep his seven houses afloat?

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                      skinsfan1747261 year 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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                        Harbeas1 year ago

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                        How can this happen with people having to make 30 dollars and hour to afford a house? Very few people make that kind of money.

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                          marks100231 year ago

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                          Come to Florida, we have much cheap housing!!!
                          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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                            lloydm651 year 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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                              jaern1 year ago

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                              It must be so stressful for these people. :(

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                                nobama20081231 year 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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                                efeggins1 year 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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                                  crghss1 year ago

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                                  Actually Congress did approve the invasion of Iraq? Seems the revisionist are getting an early start.

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                                    Lincoln851 year 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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                                  • Neutral
                                    lbowen41 year ago

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                                    Ok, so lets talk about

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                                      Poulenc1 year 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.

                                      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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                                        jumpmaster1 year ago

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                                        Move out of the city.

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                                          Poulenc1 year ago

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                                          jumpmaster, I'll move out of New York if you move out of wherever you are--deal?

                                          PS, I wasn't complaining; merely describing a common financial difficulty.

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                                            jumpmaster1 year ago

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                                            It's a deal. I wanted to live in San Diego but I couldn't afford it. So I bought a house 60 miles north of San Diego where I could afford to live. I have to pay the price with a long commute.

                                            It costs more to live in a major urban area. That is nothing new.

                                            So when are you moving?

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                                              Poulenc1 year ago

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                                              Later today? After work?

                                              But the thing is, Jump, I can't afford to buy. Anywhere. And I've got this job that's a fifteen-minute subway ride from my apartment.

                                              Repeat: I have a job.

                                              Bottom line: no matter where I live in the greater NYC area--or even in NJ--the cost to me will be the same. If I'm lucky.

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                                            combatmediciraq1 year 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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                                              Pecossam1 year ago

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                                              efeggins, you wrote "Subsidized and welfare and all your other major concerns account for less than two percent of the national budget." That two percent, if it isn't going to Veterans, is TOO MUCH. Defense is a Constitutional mandate placed squarely upon the Federal government; HOUSING IS NOT. Can you show me one thing in our Constitution that states the Federal government is responsible for the average citizen's housing? Many would answer, "...provide for the general welfare." They would be WRONG, when Madison himself (the author of that phrase) commented what was meant by it. All the Federal government owes WE THE PEOPLE is to secure our borders and to protect us from invasion. Precisely because they have failed so miserably at securing our borders we have a housing crisis. Many of the homeless I have seen in San Diego ARE NOT BUMS, THEY ARE THE WORKING HOMELESS! Many are on the streets or living in their vehicles due to the outrageous cost of rent, and most of us can forget buying and owning our abode in this city, as it is a HAVEN for illegals. Part of a country's immigration policy should be to ensure that there is ample housing at AFFORABLE prices for rent or purchase. In order to keep wages low (and BOTH Democrats AND Republicans are responsible), and help the growers who happen to be some of their most loyal donors, they conveniently look the other way when it comes to these illegal aliens. And of course the growers aren't the only guilty party as there are many businesses that crave cheap labor, they claim they are for "free trade", yet when it comes to the COMMODITY of LABOR, they don't want to play by the rules, and they undermine the average working American through the use of these illegal laborers. These illegals need a place to live, and are more than willing to live up to 15 or twenty per house in some cases. Not to be "insensitive", but those used to Third World conditions will not be "put-out" with that number in one household. "We must control our borders.", President G.W. Bush said when he was interviewed by Roger Hedgecock, one of our more popular radio talk show hosts here in San Diego. This was during President Bush's first run for the Presidency, and I am SO thankful to Mr. Hedgecock for keeping a copy of this interview and playing that phrase from it when we have an incident with "our" illegals. BUSH DROPPED THE BALL BIG-TIME on this issue! And the Democrats were NO HELP either! The sad fact is, we have more that enough people in this country, and if we allow more in, both LEGAL and ILLEGAL our quality of life will deteriorate even further. This probably doesn't "seem fair" to many of us, but for the sake of our children, we have no right to hand over to them a country even more crowded and with less opportunity to find reasonable rents and AT LEAST a living wage job.

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                                                Ratskii1 year ago

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                                                A lot of us with mortgages are paying over half our income for mortgage payments too. No, I don't live in a big expensive house, I don't have cable, I gave up my car and I keep my thermostat at 65 in the winter and 80 in the summer. Times are tough and it may get worse before it gets better.

                                                I strongly suspect that for the next few years the numbers will go up for people who are homeless as well as the numbers of evictions and foreclosures. With luck I should be able to keep my home from being foreclosed, but I understand and sympathize for those that aren't as lucky as I am.

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                                                  kevinbgood6211 year ago

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                                                  The Process is seriously broken and needs fixing . I seem to remember an old book that told the story of the rich fattening up the poor so they could eat them . In a sense , this has happened .

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                                                    Lincoln851 year ago

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                                                    Well Kevin, do not stress, starting in January...we have Obama to to fix everything.

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                                                    jameswhit2801 year ago

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                                                    Why we can all go to China or Mexico to work.Oh Im sorry they wont let us unless we speak their language.

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                                                      jumpmaster1 year ago

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                                                      Maybe these people should move to a cheaper area.

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                                                        nonparted1 year ago

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                                                        question?
                                                        has there been a study between increased housing prices compared to salary increases in the last 15 yrs?

                                                        cause it seems to me it is 10 fold

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                                                          multitaskmama31 year ago

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                                                          it may not be all that great of a referance but....i keep thinking of that movie fight club. the scene where they guys haul the gentleman into the bathroom to...ahem...casterate him...and the words brad pitt's character said stick out in my mind...."the people you are after are the people you depend on. We cook your meals, we haul your trash, we connect your calls, we drive your ambulances, we guard you while you sleep. Do not f**k with us." the middle class is being bled for all we have worked hard for...we were not born with silver spoons in our mouths and could only dream and stive to see that we have something to put on the spoons for our children. I have worked hard since i was 16 and now...ten years later, making double minimum wage, i still have a hard time paying the basics and knowing that any pitfall would throw me down the spiral to poverty. I have seen this happen to so many friends and family members. there will be no middle class. the rich and the poor....

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                                                            rimbaud1 year ago

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                                                            When you pay half of your income for housing, the likelihood is that you are unable to put money away for a crisis. Lose you job and you likely lose your home, as well. We live paycheck to paycheck.

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                                                              RichardColum1 year ago

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                                                              What can I say, I'm from Australia and this is happening here too. The rich get richer and the poor get poorer, We all know the answers but don act. United we rise united we fall do it together and numbers will win.

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                                                                jumpmaster1 year ago

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                                                                Here is an idea. Anyone who owns a rental property should lower the rents. Anyone who is selling their house should lower the selling price. Everyone on this thread should agree with that. We can all decide how much money the other guy should make on his real estate, right?

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