About Half A Million Of L.A.'s Poor Live In Poor Quality Housing

It is tough to be poor at any time and at any place. It is harder still when you live in one of America's biggest cities and yet are still faced with this burden. For those people, the crisis of poverty is very real, and their situation is critical.

A new report from the U.S. Department Of Housing And Urban Affairs states that slightly more than half of the roughly one million poor people who live in Los Angeles live in either substandard or unaffordable housing. The L.A. Times reported on the story and went on to say that Los Angeles and New York City top the list of places where the poor are living in unsustainable conditions.

New York City has about forty-four percent of its impoverished living in poor conditions. Other large cities such as Miami, Phoenix, and Riverside also have a similar problem.

Rising rent prices play a direct role in the number of homeless in Los Angeles. The homelessness rate grew by twenty-three percent just last year! That is an unsustainable situation for the city as a whole. The city estimates that rent prices will increase again next year by about 4.5 percent as an average. That is enough to force many more people out onto the streets.

Incomes in the country rose between 2013 and 2015, but the rents that people pay increased by nearly the same rate. This means that in the budgets of most families, there was no real significant change. They simply stayed in the financial state that they were in, or they may have even gotten worse.

HUD Secretary Ben Carson suggests that the country ought to take a more business-like approach to the way that it does housing. He would like to see more regulatory barriers torn down so as to make it easier for the private sector to build more housing and thus lower rates. This opinion is different from HUD secretaries of the past, but is an idea that is being pitched nonetheless.

Many people are keeping an eye on the homeless situation in big cities all throughout the United States. They are seeing how so many are being pushed out of their homes because of increasing rents. It is a situation that has a lot of people worried about the security of their own financial situation. It is a great time now more than ever to review one's personal budget and ability to keep up with rent.


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