[HN Gopher] A nationwide wave of evictions threatens more than s...
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       A nationwide wave of evictions threatens more than six million
       families
        
       Author : dredmorbius
       Score  : 5 points
       Date   : 2021-07-28 17:49 UTC (1 hours ago)
        
 (HTM) web link (www.nytimes.com)
 (TXT) w3m dump (www.nytimes.com)
        
       | ohiovr wrote:
       | Shutting down the economy has consequences. There will be another
       | shutdown. 20 million homeless incoming.
        
         | tolbish wrote:
         | This seems more of a consequence of not having a social safety
         | net. Other countries were able to shut down.
        
           | ohiovr wrote:
           | I will die under a bridge this February.
        
       | runbathtime wrote:
       | What about the unaffordability crisis for those that are still
       | renting and waiting to buy? By keeping people in homes they do
       | not pay for, you drive up home prices and reduce supply for
       | everyone else. Not to mention create the moral hazard to just get
       | a government backed home loan and not pay it.
        
       | dredmorbius wrote:
       | HN discussions often portray housing affordability as a San
       | Francisco, or tech-region, or coastal section. The map on this
       | article (enable JS to view) clearly shows that it is not: housing
       | precarity as measured by households owing back rent is pervasive
       | across the US, and especially concentrated well away from tech
       | hot-spots: California's inland valleys, the deep south, a large
       | swath of (very non-urban) South Dakota, likewise much of New
       | Mexico. There are counties with high-delinquency rates in
       | virtually every state.
       | 
       | The total accrued debt is $23 billion, $2,300 per household (this
       | in a country in which half of all households cannot pay a $400
       | unexpected expense). A second map shows the amounts owed by
       | household --- that shifts slightly more coastal (where rents are
       | in fact higher in nominal terms) but again shows a pervasive
       | problem. It's not merely one of the canard "you have no right to
       | live in one of the most expensive region" --- this is
       | unaffordability of a fundamental Maslovian need across an entire
       | country. Something is very badly broken with how the US chooses
       | to provision and manage its housing, and incomes (wages,
       | pensions, welfare support).
       | 
       | Title adapted from within the article as more descriptive than
       | "How Many People Are at Risk of Losing Their Homes in Your
       | Neighborhood?"
        
       | dredmorbius wrote:
       | Paywall: https://archive.is/742qv
        
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       (page generated 2021-07-28 19:03 UTC)