Say Goodbye To Affordable Housing

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"A bidding war broke out this winter at a new subdivision north of Houston. But the prize this time was the entire subdivision, not just a single suburban house, illustrating the rise of big investors as a potent new force in the U.S. housing market."

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The government continues to ignore that there's no affordable homes to rent and yet continues to criminalize homelessness.

TahtahmesDiary
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Not to mention that all these high priced, cookie cutter homes are made out of balsa wood and tissue paper.

YormanGina
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Less than a 1% vacancy rate in Asheville, NC - nothing affordable. The artists and musicians who brought the tourism there to begin with are having to leave town. There is PLENTY of AirB&B properties - but absolutely nothing to rent or buy at all under 250K.

SpoonLady
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For every homeless person in the country, there are six houses standing empty. This is why.

catshepherd
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Let's start calling this what it is: Neo-feudalism

ilesalmo
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Remember when a house was for shelter? Not a flip, or investment, or an ATM. But a place to raise your family and grow old. What a concept.

jayrod
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New Zealand had this same issue. Extreemly beautiful place, but the New Zealanders could not afford their own homes, because foreign investors were buying up the country. They stopped foreign investment.

screenarts
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Say goodbye to affordable housing??? It's been gone a long time now across the board.

kristengenduso
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This NEEDS to be FRONT and CENTER in the News and elevated on EVERYONE'S social media

chelabuford
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here in Queens there are blocks and blocks of brand new condos constantly getting built with NOBODY living inside them

jonathanhernandez
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The system was never made to work for us.

Gravs
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They keep building new townhomes in my area that are going for $400-$500, 000. Idk who in their right mind would pay that much for a house with no privacy & no land.

shaymalchione
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Parents bought their house 20 years ago for $67, 000. The only thing done to the house as far as upgrades was putting in copper plumbing. Yet, somehow that same house is apparently worth almost $500, 000 now?!

kevinshamrok
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And yet they want to accuse people of being spoiled and lazy for having to live with their parents because the kids can't afford their own homes anymore

sarahtelles
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It's so screwed up that if you sell your house today, you can't afford to move back in to the same neighborhood.

Captain_bernoulli
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This is why people live house poor. How can people have a quality of life when 30 hours of your 40 hour week goes to rent/mortgage payments? Having a free market is one thing, but their needs to be a housing price cap for these greedy investors.

sticks
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they are not even letting you rent the whole house, they break them into into studio apartments, or you have to pay per room, and the average price is usually 2k a month

Freshcornpop
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America is NOT a country it's a business!

Im_Ain_Ani_Li_Mi_Li
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Having Affordable housing has been gone in this country since the beginning of the late 1990.

JaSoLuV
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It seems we are turning back the clock to a time when entire towns are owned by some miser. Pottersville USA.

Romancefantasy
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