Housing is now unaffordable for a record half of all U.S. renters, study finds

[onlyTheObvious]

I wonder how well new 1000 square foot homes with a one car attached garage would sell?

Seems to me a big part of the problem is people willing to over spend and over build.

Also I would bet most of these people are driving way more car than they should based on their income.

 

[artradley]

I wonder how well new 1000 square foot homes with a one car attached garage would sell?

Seems to me a big part of the problem is people willing to over spend and over build.

Also I would bet most of these people are driving way more car than they should based on their income.

It is true that very few modest homes are built these days. I grew up with master bedrooms less than 200sqft with a 3x3 closet. One car garage that a small car barely fit into. Formica countertops if you were fancy. No dishwashers. If you had a “finished” basement it basically meant it was cleaned up and the concrete floor was painted, some area rugs were thrown down, and a ping pong table was setup.

 

[Jan Itor]

View embedded media

In case you’re implying, this isn’t on Bidy

 

[Jan Itor]

But what will happen to all the illegals?

The federal government will continue to feed and house “them”.

 

[ZachJump]

How so?

Read the couple posts above your reply

 

[TNHAWK79]

You may want to look at the deficits Trump ran there chief.

The Democrats produce plans, the republicans do not. Even the bi-partisan plans get shot down in the House because of the far right constituency.

What are Trump's policy proposals to address this?

Trump is not the president, that would be Biden. What is Bidens plan? It’s Biden policy that has created all this:
-border crisis- changed trump policy
- cut back leases to drill- high gas prices.
- handed out more money in the first 18 months than any president in history. Debt to GDP 122%. Under trump it was 100-105%
Biden is tackling the big issues like abortion (state rights which it should be) and gender neutral bathrooms.

 

[TNHAWK79]

You may want to look at the deficits Trump ran there chief.

Trump isn’t innocent, but to say Trump spent more than Biden is not accurate. Article from the hill- https://fred.stlouisfed.org/series/GFDEGDQ188S

No one spent more in the first two years than Biden.

 

[biggreydogs]

The federal government will continue to feed and house “them”.

It appears that it’s both state and federal.

 

[biggreydogs]

Show me the numbers to dispute this statement.

 

[biggreydogs]

The Republicans told us this morning that we have to wait on possible solutions until next year.

What is the liberal solution?

 

[runkpanole]

What is the liberal solution?

Great question. OP still hasn’t given us his solution. He’ll probably wait for Trump to tell him what to say.

 

[onlyTheObvious]

What is the liberal solution?

Free mortgage. Just have princess get the dream house their freshman year in college. No reason to wait or save or earn. Sure as hell am not wasting time with starter home. I need the 3,000 square foot palace in Waukee ASAP.

Clearly having access to money you can’t possibly pay back is working out great.

The current 20 something crowd will be fine. Many will inherit from their parents to cover up their piss poor financial choices and come out ok. It’s their kids that are likely F’d.

 

[Old_wrestling_fan]

It is true that very few modest homes are built these days. I grew up with master bedrooms less than 200sqft with a 3x3. One car garage that a small car barely fit into. Formica countertops if you were fancy. No dishwashers. If you had a “finished” basement it basically meant it was cleaned up and the concrete floor was painted, some area rugs were thrown down, and a ping pong table was setup.

You pretty much just described my paternal grandparents place ^^, which they lived in for most of their life...only they didn't even have the one car garage! Whole sections of the city, Cedar Rapids, IA, where they lived were built up with similarly styled housing. The houses with the one, or even two, car garages were the "rich" ones.

Meanwhile, my wife and I are preparing to build a house now and some of our friends (informal advisors ) are incredulous that we are not planning for a 3 car garage. This despite the presence of a 2500+ SQ FT shop with two "auto bays" AND an underground garage under the regular 2 car garage that will allow for PLENTY of storage for mower(s), UTV, golf cart, etc. In short, we will have WAY MORE SQ footage devoted to vehicle storage, and the suchlike, than our grandparents ever came close to having for actual living space.

We are spoiled these days as it relates to housing.

 

[cohawk]

View embedded media

It would help if hedge funds didn't buy everything in sight. It would help if Airbnb didn't exist. The dollar is always more important than people. Thta's the republican way.

 

[RileyHawk]

Trump is not the president, that would be Biden. What is Bidens plan? It’s Biden policy that has created all this:
-border crisis- changed trump policy
- cut back leases to drill- high gas prices.
- handed out more money in the first 18 months than any president in history. Debt to GDP 122%. Under trump it was 100-105%
Biden is tackling the big issues like abortion (state rights which it should be) and gender neutral bathrooms.

Trump is controlling the republicans in Congress so they will not vote for a bi-partisan bill. Do yourself a favor and read a little from a source not on the right wing propaganda list.

 

[RileyHawk]

What is the liberal solution?

The bi-partisan Senate solution that House republicans won't support.

 

[Ree4]

Decision biases don't explain why the poor are poor and the rich are rich

The study debunks the idea that economic success is solely due to better decision-making

www.zmescience.com

“Low-income individuals are not uniquely prone to cognitive biases linked to bad financial decisions. Instead, scarcity is more likely a greater driver of these decisions,” Ruggeri adds.

"In a world where economic inequality seems to be accelerating, the findings are highly significant. They suggest that, on average, the rich and the poor make equally good decisions. The main difference maker is already-existing poverty. This poverty creates a climate more conducive to making decisions that are worse in the long-run. Meanwhile, having a financial cushion can give people the stability to make better long-term decisions. For policy makers looking to reduce inequality and poverty, this is extremely important."

Hmmmmm, so much for the avocado toast crowd.

 

[Ree4]

Vacant Homes vs. Homelessness In the U.S. - United Way NCA

Despite how many homes are in the U.S., many of which are vacant, unhoused populations continue to grow. See which cities have the highest disparity here.

unitedwaynca.org

• Despite how many homes are in the US, over 580,000 Americans are experiencing homelessness. There are currently 28 vacant homes for every one person experiencing homelessness in the U.S.
• While cities like New York City, Los Angeles and Seattle have some of the largest unhoused populations in the country, Detroit has the most vacant homes per unhoused person–116 empty homes per unhoused person.
• Syracuse, New York has the second-most vacant homes per unhoused person–110 vacant homes per unhoused person.

 

[millah_22]

It would help if hedge funds didn't buy everything in sight. It would help if Airbnb didn't exist. The dollar is always more important than people. Thta's the republican way.

I agree with all but the last sentence. Cash is king. It's access to resources. Both sides are using AB&B.

 

[RicoSuave102954]

 

[onlyTheObvious]

Vacant Homes vs. Homelessness In the U.S. - United Way NCA

Despite how many homes are in the U.S., many of which are vacant, unhoused populations continue to grow. See which cities have the highest disparity here.

unitedwaynca.org

• Despite how many homes are in the US, over 580,000 Americans are experiencing homelessness. There are currently 28 vacant homes for every one person experiencing homelessness in the U.S.
• While cities like New York City, Los Angeles and Seattle have some of the largest unhoused populations in the country, Detroit has the most vacant homes per unhoused person–116 empty homes per unhoused person.
• Syracuse, New York has the second-most vacant homes per unhoused person–110 vacant homes per unhoused person.

I don’t see how somebody hacked out on drugs and mentally unfit is going to make any type of house payment.

I don’t think these are related at all. I just don’t see a lot of underemployed homeless people. I see a lot of zombies and alcoholics who couldn’t hold a job ringing a bell.

 

[jasonrann]

Show me the numbers to dispute this statement.

I'm not quoting numbers, BGD, but feel free to share yours. My original comment was based simply on what I see (or don't see) every day and what I have experienced in the past. I have lived in a large metropolitan area for over 25 years. I have also traveled to or through at least 15 states during that time while spending a lot of time in several of those states. Through that, there have been zero times that this "border crisis" has affected my life. Whether it be economic issues, crime, daily life, excess homelessness or simply seeing a bunch of people that appear to "not belong".

This includes small town NW Iowa, modestly large metropolitan Kansas City and large metropolitan areas like Chicago and Southern California. I just don't see it and I'm not exactly hiding out away from civilization.

IMHO, it is fearmongering, pure and simple, building up the boogeyman, Harvey the rabbit, the grim reaper or whomever you like. I am, by no means, a world traveler or some famous person, but I get around probably more than most. I don't believe it. You are certainly free to believe whatever you like. I would rather just trust what I see, experience and live in every day and base my decisions on that. The "illegals" that are going to butcher my family, take my job and steal my belongings don't have one second of my mindshare. Perhaps I have just been lucky so far.

 

[Rifler]

I'm not quoting numbers, BGD, but feel free to share yours. My original comment was based simply on what I see (or don't see) every day and what I have experienced in the past. I have lived in a large metropolitan area for over 25 years. I have also traveled to or through at least 15 states during that time while spending a lot of time in several of those states. Through that, there have been zero times that this "border crisis" has affected my life. Whether it be economic issues, crime, daily life, excess homelessness or simply seeing a bunch of people that appear to "not belong".

This includes small town NW Iowa, modestly large metropolitan Kansas City and large metropolitan areas like Chicago and Southern California. I just don't see it and I'm not exactly hiding out away from civilization.

IMHO, it is fearmongering, pure and simple, building up the boogeyman, Harvey the rabbit, the grim reaper or whomever you like. I am, by no means, a world traveler or some famous person, but I get around probably more than most. I don't see it and don't believe it. You are certainly free to believe whatever you like. I would rather just trust what I see, experience and live in every day and base my decisions on that. The "illegals" that are going to butcher my family, take my job and steal my belongings don't have one second of my mindshare. Perhaps I have just been lucky so far.

In this country we all end up paying for lots of things that we don't necessarily see, or recognize in our daily travels,.. add this to the list.

 

[jasonrann]

In this country we all end up paying for lots of things that we don't necessarily see, or recognize in our daily travels,.. add this to the list.

Fair point.

 

[Ree4]

I don’t see how somebody hacked out on drugs and mentally unfit is going to make any type of house payment.

I don’t think these are related at all. I just don’t see a lot of underemployed homeless people. I see a lot of zombies and alcoholics who couldn’t hold a job ringing a bell.

You don't think it's a problem that there are 28 vacant houses per homeless person in the US? Like maybe resources are misallocated? It's working as designed I guess, nothing to see here!

 

[TennNole17]

You don't think it's a problem that there are 28 vacant houses per homeless person in the US? Like maybe resources are misallocated? It's working as designed I guess, nothing to see here!

Do the vacant numbers account for second (third) homes; VRBO's, or vacant rentals?

 

[Rifler]

Misallocated resources?,... Homeless people aren't homeless because they can't find a house.

 

[Ree4]

Do the vacant numbers account for second (third) homes; VRBO's, or vacant rentals?

Sounds like all reasons are accounted for, yes. If they are not currently inhabited then they would be considered vacant.

 

[Ree4]

Misallocated resources?,... Homeless people aren't homeless because they can't find a house.

Right, it's because they're all zombies and alcoholics according to some.

 

[biggreydogs]

The bi-partisan Senate solution that House republicans won't support.

List them.

 

[biggreydogs]

I'm not quoting numbers, BGD, but feel free to share yours. My original comment was based simply on what I see (or don't see) every day and what I have experienced in the past. I have lived in a large metropolitan area for over 25 years. I have also traveled to or through at least 15 states during that time while spending a lot of time in several of those states. Through that, there have been zero times that this "border crisis" has affected my life. Whether it be economic issues, crime, daily life, excess homelessness or simply seeing a bunch of people that appear to "not belong".

This includes small town NW Iowa, modestly large metropolitan Kansas City and large metropolitan areas like Chicago and Southern California. I just don't see it and I'm not exactly hiding out away from civilization.

IMHO, it is fearmongering, pure and simple, building up the boogeyman, Harvey the rabbit, the grim reaper or whomever you like. I am, by no means, a world traveler or some famous person, but I get around probably more than most. I don't believe it. You are certainly free to believe whatever you like. I would rather just trust what I see, experience and live in every day and base my decisions on that. The "illegals" that are going to butcher my family, take my job and steal my belongings don't have one second of my mindshare. Perhaps I have just been lucky so far.

I see that you’re a big deal. My experience has been living in New Mexico and if I told you information on that experience you wouldn’t believe it.

 

[jasonrann]

I see that you’re a big deal. My experience has been living in New Mexico and if I told you information on that experience you wouldn’t believe it.

I would love to hear more. My only experience there is driving through. Had a buddy that lived in Arizona and he echoed similar sentiments.

 

[onlyTheObvious]

You don't think it's a problem that there are 28 vacant houses per homeless person in the US? Like maybe resources are misallocated? It's working as designed I guess, nothing to see here!

There are also so many grasshoppers per homeless person. The correlation is zero, just like the homeless problem in regards to housing.

 

[TennNole17]

Sounds like all reasons are accounted for, yes. If they are not currently inhabited then they would be considered vacant.

Let me rephrase.

How do they calculate “vacant” houses?

 

[RileyHawk]

List them.

Try to pay attention.

WASHINGTON — A politically treacherous dynamic is taking hold as negotiators in Congress work to strike a bipartisan deal on the border and immigration, with vocal opposition from the hard right and former President Donald Trump threatening to topple the carefully negotiated compromise.

Senators are closing in on the details of an agreement on border measures that could unlock Republican support for Ukraine aid and hope to unveil it as soon as next week. But the deal is already wobbling, as House Speaker Mike Johnson faces intense pressure from Trump and his House allies to demand more sweeping concessions from Democrats and the White House.

"I do not think we should do a Border Deal, at all, unless we get EVERYTHING needed to shut down the INVASION of Millions & Millions of people," Trump posted on social media this week.

 

[binsfeldcyhawk2]

Ummmm....

Holy out of context!!


I was responding to the Robert Reich quote…you really are a dishonest tool 😂

 

[RileyHawk]

Holy out of context!!


I was responding to the Robert Reich quote…you really are a dishonest tool 😂

BWAAAAAAHAHAHAHA - out of context? BWAAAAAAAHAHAHAHA

 

[binsfeldcyhawk2]

BWAAAAAAHAHAHAHA - out of context? BWAAAAAAAHAHAHAHA

Here’s my actual post that dipshit @RileyHawk edited because he’s a dishonest imbecile.

Quite an indictment of Bidenomics right there...and from Robert Reich no less.

 

[RileyHawk]

Here’s my actual post that dipshit @RileyHawk edited because he’s a dishonest imbecile.

It was your reference to "Bidenomics", it doesn't matter what it was referencing. You referenced "Bidenomics" after claiming you didn't call it that.

You're just pissed at being caught, yet again, being disingenuous. And that's being generous.

 

[binsfeldcyhawk2]

It was your reference to "Bidenomics", it doesn't matter what it was referencing. You referenced "Bidenomics" after claiming you didn't call it that.

You're just pissed at being caught, yet again, being disingenuous. And that's being generous.